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World – New regulation in financial services sectors boosts temporary employment

10 July 2013

The introduction of regulatory changed in the financial services sector has resulted in notable changes in recruitment, where the use of temporary, interim, and project professionals has become increasingly prominent, according to research from recruitment firm Robert Half Financial Services.The...


South Africa – High unemployment a result of apartheid

10 July 2013

Apartheid laws are to blame for South Africa’s high level of unemployment, according to Johannesburg chief representative of the Bank of Tokyo Mitsubishi UFJ, Mr Yoshiro Yokoi. Speaking in Japan in May, Mr Yokoi said, “If everyone had access to education back then, we would not have this high une...


World – OECD countries record 8% unemployment in May

10 July 2013

The Organisation for Economic Cooperation and Development (OECD) reports that unemployment levels across the 34 OECD member countries in May 2013 was 8%. This figure reflects a 0.1% increase compared with the May 2012, and remains unchanged for the third consecutive month. Overall, there were 48....


India – Hays closes offices in Mumbai and Delhi

9 July 2013

London-based recruitment company Hays has announced the closure of its specialist recruitment businesses in India. Hays had been providing recruitment services in the country since 2009.“We have closed our specialist recruiting businesses in Mumbai and Deli. We will continue to recruit in the Ind...


South Africa – Bus workers strike over recruitment

9 July 2013

Metrobus workers across South Africa are striking over the company’s use of recruitment agency Adecco, according to the South African Press Association. South Africa’s Municipal Workers’ Union (SAMWU) is leading the strike against Metrobus recruiting staff through Adecco, something they claim is...


India – Recruitment turns sluggish amid uncertain economy

9 July 2013

Recruitment across India slumped in June as companies remained cautious amid uncertain economic conditions, according to the Naukri Job Speak report. The Naukri Job Speak index is currently at 1230, equating to a -7% drop in June 2013, compared with May’ 13; however the index shows an increase of...


World – Adecco issues 6-year notes

9 July 2013

Adecco Group announced yesterday its successful issue of EUR 400 million notes. The note coupon is listed at 2.75% with a maturity date of 15 November 2019. The expected settlement date for the notes is 16 July 2013.The notes were issued through Adecco International Finance Service BV and guarant...


World – Finance & accounting recruitment trends 2013

8 July 2013

International recruitment for finance and accounting roles was cautiously optimistic during the first half of 2013, according to the recent Morgan McKinley trend report. Recruitment consultants responding to the survey believe that the situation is getting better; despite companies continuing to...


Australia – Job advertisement numbers continue to fall

8 July 2013

The number of jobs advertised fell in June 2013 by more than 30,000 compared with a year ago, according to the Australia New Zealand Banking Group (ANZ). In June 2013, 129,720 positions were advertised, equating to a drop of -18.7% year-on-year.Australian job numbers are still struggling to recov...


Malaysia – Skills shortage among young candidates

8 July 2013

Businesses across Asia are struggling to find skilled workers, according to the latest Thornton International Business Report. 68% of businesses across Malaysia struggle to recruit suitably skilled candidates, coming third in Asia behind 86% of businesses in Vietnam and 76% of the Philippines wit...