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Europe – Has the minimum wage hurt employment?

25 March 2014

An American economist has claimed that the minimum wage is killing jobs in Europe, while campaigners across America are demanding a minimum wage increase in the US, reports the dailycaller.com.In the April edition of Globe Asia, Steve Hanke of the Cato Institute and John Hopkins University, compa...


UK – Director buy-out for recruitment firm in administration

25 March 2014

The loss of two of its largest clients resulted in employment firm, Franklyn Recruitment, entering administration. Following the administration announcement, the North Somerset-based recruitment agency, which reported £9.6 million in turnover in 2012, was immediately bought back by its Directors...


Italy – GI Group reports FY growth and expansion plans

24 March 2014

GI Group, the largest Italian-owned staffing agency, announced that it achieved turnover of €1.1 billion during 2013, a year-on-year increase of +5% compared with 2012. The company also reported EBITDA of €27.6 million, equating to year-on-year growth of +43%.Broken down into turnover by country,...


UK – Four generation workforce soon to become a reality

24 March 2014

The UK Commission for Employment and Skills’ (UKCES) vision for a "4G" future is one where employees from four generations will work side-by-side for the first time in history. It will also be a situation that will be welcomed and not feared. However, businesses will be at a compet...


UK – Employment growth surpasses international competitors

24 March 2014

The UK's employment rate is increasing at a faster pace than its international competitors in Europe and the United States, according to figures released by the Government, reports The Belfast Telegraph.An analysis of the latest jobs figures showed that the UK's 72% employment rate is h...


UK – City reports a surge in Chinese speakers

24 March 2014

The number of Chinese speakers working in the City has jumped dramatically in the last year as London reinforces its position as the world's biggest renminbi (RMB) trading hub outside China, reports ibtimes.co.uk.According to research by recruitment firm Astbury Marsden, Mandarin has ju...


Bulgaria – Illiteracy hampering the labour market

24 March 2014

Illiteracy in Bulgaria is creating a serious communication problem between employers and those seeking employment, reports novinite.com. Recent statistics revealed that of the 401,000 people in Bulgaria who are currently unemployed, 180,000 of them have at most a primary level education...


Europe – Agency Work Directive has failed to lift unjustified restrictions

24 March 2014

Following the European Commission’s application review report on the EU Directive on temporary agency work (2008/104/EC), assessing how the Directive has been transposed into national law and whether there is a need for follow‐up actions. Eurociett considers the conclusions of the review to be ov...


UK – Possible legal challenge to proposed false self-employment legislation

24 March 2014

APSCo, the Association of Professional Staffing Companies, has written to Her Majesty’s Revenue and Customs (HMRC) warning that that it could face legal challenges to the proposed new false self-employment legislation under the Human Rights Act and relevant European Union law.The professional rec...


UK – Recruitment trends in financial services

24 March 2014

According to Paul Reynolds, Partner, Green Park Interim and Executive Search, the largest growth areas for senior search mandates within financial services in 2014 are largely dictated by political and regulatory changes, technology simplification and digital along with governance, risk and compl...