was in Germany (-22%) and Italy (-19%) and the firm blamed the recruitment of technical flex workers in Germany on increasing shortages. It also warned that equal pay discussions, combined with the skill shortage
’s largest division, Continental Europe and & Rest of the World, was the only region to see growth in the period with gross profit rising strongly by +16%. Germany outperformed other staffing markets
% to £1.8 million, driven by strong performance in contract recruitment in the Benelux countries and Germany.
The Nordic market, which is heavily focused on executive and permanent recruitment, saw a -5
currency, the UK grew by +5% while all other major European markets declined (Nordics -4%), Germany -10%), Netherlands (-12%) and Belgium (-11%).
In this region the “gross profit margin was below the prior
(Germany, France, Italy) is projected to grow at +0.4% in the third quarter, rising to +0.6% in the fourth quarter. Second quarter 2010 GDP grew by +1.6% in the US, by +5.1% in the three largest countries