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WE Research

5 October 2009

This is the latest research from Staffing Industry Analysts   WE Citation — IMF World Economic Outlook and European Regional Economic Outlook The International Monetary Fund (IMF) published its World Economic Outlook last week, subtitled Sustaining the Recovery and predicted a jobless recovery....


UK — Eden Brown could appeal cartel fine

5 October 2009

James Caan, star of UK TV programme ‘Dragons’ Den’ has revealed his recruitment agency Eden Brown is likely to appeal the 1.07 million Pounds fine against it, after the firm was found guilty of participating in a cartel that set fee rates for certain construction companies. Eden Brown, whi...


Germany — Double Social Security agreement with India

2 October 2009

Indian workers on temporary assignments in Germany will now not be required to pay social security taxes there as the India-Germany Social Security Agreement (SSA) signed last year comes into effect on Thursday. This is the second such pact after the India-Belgium SSA, Times of India reports. A...


UK — Run on temporary employees for the Christmas period

2 October 2009

Retailer Marks&Spencer has just announced plans to recruit 20,000 additional staff for Christmas. Food retailers Sainsbury's and ASDA will equally be looking to take on 20,000 extra staff each. Tesco will do the same but have not announced numbers yet. Boots the chemist will take on 7,000 for the...


Europe — European Union (EU27) unemployment rate up to 9.1%

2 October 2009

According to the latest figures published by Eurostat, the Statistical Office of the European Union, the euro area (EA16) seasonally-adjusted unemployment rate was 9.6% in August 2009, compared with 9.5% in July. It was 7.6% in August 2008. The EU27 unemployment rate was 9.1% in August 2009, c...


Ireland — Unemployment registrations are down in September

2 October 2009

According to the latest figures from the Central Statistics Office (CSO), there were 423,639 people signing on the so-called 'Live Register' as unemployed during September 2009 compared to 440,056 in August, a drop of 16,417. In September 2008 there were 240,217 people on the Live Register. Pau...


UK — Care UK plc turns down equity buyout group

2 October 2009

Health and social care provider Care UK plc (CUK:LSE) says it has rejected a takeover approach from private equity buyout group Bridgepoint Capital, Growth Company Investor reports. The fully listed company, which has been expanding and is itself on the lookout for potential acquisitions, descr...


Germany — FDP insists on liberalising the job market

2 October 2009

The very strict regulations on protection against wrongful dismissal are clearly regarded as one of the main problems of the German economy. However, it is also the subject where different ideologies end up in gridlock. Currently job protection regulation applies to companies with 10+ employees...


UK — OFT fine amounts to 50% of Hays's estimated 2010 net profit

1 October 2009

Hays' Construction & Property business, a subsidiary of Hays plc (HAS:LSE), the UK's largest listed recruitment company, is preparing to fight the 30.4 million Pounds fine from the Office of Fair Trading (OFT) for price-fixing and participating in a construction industry cartel. Six recruiters,...


Germany — Temporary Employment Index up for third month in a row

1 October 2009

According to the Temporary Employment Index, which is compiled by the Institute of the German Economy (IW) on behalf of the German Association of Temporary Employment Agencies (BZA), there are 60,000 new temporary employees in the country since May 2009. Month-on-month growth in August 2009 was...