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Government launches investigation into health of working age population
The view over the City is looking brighter as two major recruiters take aim at unmet recruitment needs in the country's financial capital and move into the neighbourhood. Both Michael Page International and Randstad enjoy big brand clout - nevertheless, their confidence offers a refreshing antidote boost to the doom mongering and navel gazing under way at the moment.
Penna Consulting's share price continued to rise, 97.5p, after it reported a pre-tax profit of £0.5m for the six months ended 30 September 2007, compared to a loss of £1.0m in 2006. Empresaria's share price remained unchanged at 142p after it announced it had acquired 56% of the share capital of Chilean recruiter Marketing y Promociones Limitada. But elsewhere share prices fell.
UK employees unhappy with levels of discrimination
Career Analysis Announce Launch Of Affiliate Scheme
Recruitment share prices have fallen in recent weeks, reflecting the difficult trading conditions across the market as a whole. Worst hit this fortnight were financial specialists Michael Page (-93.5p), Robert Walters (-67.25p) and Capita (-64p).
European ministers fail to agree directive
Share prices in the sector have continued to stagnate or plunge, reflecting the unsettled market conditions. Network Group's share price remained unchanged at 35.5p despite announcing that it had acquired a majority stake in Executive Network for an undisclosed sum.
The Ministry of Health in Kuwait plans to use recruitment agencies to select qualified foreign doctors. The ministry will try out the new doctors for three months and then will officially hire them or send them back to the recruitment agency. If the doctor is not hired, the agency must pay the travel expenses of the doctor's trip back to his homeland.