Falling demand in the construction sector has hit manufacturers and the agencies which supply their staff.
The sale of construction products has reached a new low, according to the latest Construction Products Association Activity Barometer and recruiters are noticing a drop in factory placement numbers.
Employment services provider Parasol has acquired specialist accountancy practice Quay Accounting. Quay provides accounting services for freelancers.
Gordon Brown has pledged £500m to help people who have been unemployed for more than six months into jobs or work-based training as the government attempts to stem further increases in unemployment.
Diversified Search Ray & Berndtson in New York is seeing demand for retained search services, despite warnings from other executive search firms in the US.
In response to a CNN article last week, Mike Wellman, managing director of the Ray & Berndtson in New York, told Recruiter:
Executive recruitment firm Denton Search has launched in Mayfair, London.
Focusing on the search-to-search and rec-to-rec sectors, managing director Natalie Denton says the company specialises in placing partners, consultants and associates across all market sectors within executive recruitment firms.
The company will cover the European and Middle East markets.
Some of India’s best graduates are set to take up internships in UK firms.
This follows UK-India Education and Research Initiative (UKIERI) award of a new three-year contract to recruitment processing outsourcing applicant tracking system provider GTI Recruiting Solutions.
The UKIERI aims to improve educational links between the UK and India.
A City HR headhunter is charging its clients an hourly rate rather than a bulk instalment up front.
The pre-arranged agreement allows clients to spread the cost of an assignment, Alison Hughes, director at Higher Talent, told Recruiter.
Hughes said the downturn has caused many clients to balk at a £10,000 retainer.
Weinberg: criteria needed for recruitment partners
February’s figures for production in the construction sector reflected a “substantial deterioration of operating conditions throughout the industry”, according to the latest Production Manufacturing Index.
CIPS/Markit’s index registered 27.8 points in February (with 50 equaling no change), after rising slightly during the previous month.
