World – ManpowerGroup reports improving European labour markets in Q2, revenue up 5% in constant currency

ManpowerGroup Inc. (NYSE: MAN) reported improving market conditions across several geographies during the second quarter with France, Italy, Mexico and Poland leading the way. The strength in Europe is helping to offset revenue declines in both UK and the US.

Total second-quarter revenue at the company,...

World – Heidrick & Struggles makes loss in Q2 and plans to restructure consulting business

US-based international executive recruitment firm Heidrick & Struggles (HSII: NSQD) yesterday reported net revenue for the second quarter ending 30 June 2017 of USD 152.2 million, an increase of 2.3% or 4.1%  in constant currency

UK – Low Pay Commission pledges to jail rogue bosses in his crackdown on labour market abuses (The Guardian)

Low Pay Commission founding member Sir David Metcalf, who was tasked with enforcing workers’ rights, has pledged to jail rogue bosses and investigate failing industries as part of the government’s latest response to workplace scandals, reports the Guardian. Earlier this year Metcalf was appointed...

UK – SThree revenue up 7% despite weakness in UK market

International recruitment firm, SThree (STHR: LSE) reported revenue for the half year ending 31 May 2017 of £521 million, an increase of 7% in constant currency compared to last year.

South Africa – Country needs further reforms for growth and job creation, according to OECD

South Africa’s economy needs further reforms to revive growth and create new jobs, according to a new survey from the Organisation for Economic Co-operation and Development.

The OECD survey states that the South African economy has registered tremendous progress over the past two decades, boosting living...

UK – Quorn Foods to invest £150 million and create 300 new jobs (Sky News)

Meat substitute firm Quorn Foods is planning to invest £150 million in the UK and create 300 new jobs over the next five years, reports Sky News. The new full time jobs will be located in the Teesside Plant and will be through its manufacturing operation. Chief executive Kevin Brennan said he expected...

France – Banks to create 1,000 new jobs in Paris as part of plan to shift operations out of UK due to Brexit (Reuters)

French bankers have pledged to create 1,000 jobs in Paris as part of a plan to shift their operations out of London once the UK leaves the EU, reports Reuters. The plan comes after a meeting between bankers and France's finance minister, Bruno Le Maire. Reuters states that despite efforts from France...

Sweden – Poolia Q2 revenue down 4%, operating profit and net income also see decreases

Swedish staffing firm Poolia (POOLB: SS) announced revenue for the second quarter ending 30 June 2017 of SEK 194.2 million (€20.2 million), a decrease of 3.8% compared with the same quarter last year.

UK – Empresaria publishes upbeat trading update, expects 26% growth in net fee income

UK-based international recruitment firm Empresaria published a trading update for the first half of 2017 and said that it expects to record a 26% growth in net fee income, compared to the previous year and it remains on track to meet market expectations for the full year.

Empresaria stated that the strongest...

UK – Average salaries up 8% despite uncertainty following general election

Despite uncertainty following last month’s general election, average salaries in the UK saw an increase of 8.1% in June, when compared to the previous year, according to data from UK-based recruitment software provider Recruitive.

The figures show many cities across the UK also saw an increase in salary...