was recorded in Austria (4.5%), the Netherlands (5.1%), Germany and Luxembourg (both 5.4%). The highest rate was seen in the troubled euro countries Spain (24.8%) and Greece (22.5% in April 2012).
in Germany and Italy.
“Geographically, developments continue to be diverse. Europe is weakening further. On the other hand, business in North America is accelerating, also driven by the IT Professional
”. This is expected to affect 5,000 listed companies in the EU. The quota does not apply to small and medium-sized firms and still faces a tough approval process in Brussels.
Head of ManpowerGroup Germany, Vera
. The European slowdown particularly impacted senior executive recruitment and the firm’s outsourcing business. However, demand for contract staff remained high in countries including Germany, Belgium, Luxembourg
Germany revenues were €2.5 million in Q4 2011 compared with €3.2 in Q4 2010. In local currency, this represents a drop in sales of 19%. Exchange rate changes negatively impacted revenue by 1% during