Confidence boost for German service sector hirers

While Eurozone growth has slowed, there is renewed confidence among German service sector hirers, according to Rob Dobson, senior economist at Markit.

The latest CIPS/Markit data for July, which covers the Eurozone’s manufacturing and service sectors, shows that the Eurozone’s Purchasing Managers’ Index (PMI) fell from 56.7 to 56. In Germany the PMI rose to a four-month high of 59.3, up from 59.0 last month, while in France the index fell from 59.7 last month to 59.0 in August. An reading under 50 represents contraction.

Dobson told Recruiter: “We are seeing jobs added to the Eurozone as a whole particularly in the service sector, but if you take Germany and France out of the equation, employment would have fallen. The job market within the service sector as a whole in the region is not strong.

“We collect data on Germany, France, Spain, Italy and Ireland. In Germany, we saw the service sector add renewed impetus. There may be renewed job creation in the sector.

“I can’t see staffing companies raising staffing levels sharply but I think we will still see the stabilisation in the labour market continue,” he adds.

REC CEO hits back at government cuts to agency spend

Government calls to eliminate agency spend at the NHS have received a fiery response from the Recruitment & Employment Confederation.

Legislation 3 June 2025

Government health leaders threaten ‘rip-off temporary staffing agencies’

NHS trusts and integrated care boards (ICBs) are being urged by government health leaders to eradicate agency spending to build on a £1bn fall in spending in 2024-25.

Legislation 3 June 2025

£1.5bn defence spending will create highly-skilled jobs in the UK

The UK government is to create more than 1,000 new jobs as a result of a £1.5bn defence investment.

Legislation 2 June 2025

APPOINTMENTS: 27-30 MAY 2025

This week’s appointments include: ECMS, Madison Berkeley, The Education Network

People 27 May 2025
Top