More than two in three UK firms think employment legislation changes, such as the phasing out of the default retirement age (DRA), will hit economic recovery and job creation in the year, according to research from international law firm Freshfields Bruckhaus Deringer.
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UK labour productivity rose year on year, according to data from the Office for National Statistics.
The data reveals that in the fourth quarter of 2010 the headline measure of whole-economy labour productivity, output per worker, rose 0.8% on the same quarter a year ago, but fell 0.3 per cent compared with the previous quarter.
Members of the Association of Professional Staffing Companies (APSCo) have elected eight newcomers and re-elected five returnees to the organisation’s Executive Committee for 2011-2012.
Fewer job opportunities were posted in April than March, according to the latest Reed Job Index.
The index posted a reading that was 3 index points down on March but still 22% up on the same period last year.
Multi-sector recruiter Now Recruitment is relocating its Birmingham headquarters to Edgbaston House in the city.
The firm, moving from its previous office at The Square, Broad Street, has taken over the fifth floor of the office block, which boasts 3,250sq ft of space across one open plan office.
CV parsing and intelligent searching and matching solutions provider Daxtra Technologies has opened its new regional head office based in Hong Kong.
Daxtra serves clients across the Asia-Pac region, including Japan, Australia, Japan, Singapore and Hong Kong. With the opening of a dedicated office the firm plans further growth across these and other countries.
More than four in 10 (44%) employers plan to increase permanent staff headcount in the next quarter, according to May’s JobsOutlook from the Recruitment & Employment Confederation (REC).
Strategic outsourcing and energy services provider MITIE has launched PeopleCert, an employee screening service.
The Services Purchasing Managers Index (PMI) registered a value of 53.8 in May, down from 54.3 in April.
The index suggests that growth will still be marginally higher when compared to the six months to March, when output flat-lined. A PMI value above 50 is indicative of expansion in the sector, while a value below 50 suggests contraction, so the latest data points to deceleration.
The number of permanent placements and temporary billings both slowed at a weaker pace in May, according to the latest Recruitment & Employment Confederation (REC)/KPMG ‘Report on Jobs’.
The report shows permanent placements and temp billings both rose at the weakest rates in seven months, and growth of job vacancies hit a five-month low in May.