Thursday, 24 May 2012

US - EU Partnership Must Tap Full Job Growth Potential

by Brian Maguire, Editor, Brussels, 24 May, 2012 2:30 AM GMT+0100

“The United States and the European Union face common economic challenges that require us to work even harder to enhance the competitiveness of our economies and workers and to support more and better jobs for our peoples,” said U.S. Trade Representative Ron Kirk.
Speaking at the London School of Economics, Kirk remarked: “As we continue to recover from the worst recession since the Great Depression, a consensus has emerged on both sides of the Atlantic that we can – and we should – do even more to tap the full potential of this extraordinary relationship to boost our growth, support more and better jobs, and to help meet the competitive challenges of the coming decades.”


Tuesday, 15 May 2012

Germany - Europe's Comeback Kid!

The German economy has staged an impressive comeback in the first quarter. According to a first estimate of the statistical office, the Eurozone's biggest economy grew by 0.5% QoQ, from -0.2% in 4Q 2011. Compared with 1Q 2011, this is an increase of 1.7%.

The decomposition of growth will only be released at the end of the month but according to the press statement of the German statistical office and available monthly data, exports should have been the main growth driver. Consumption could have also added to growth, while investment should have been down. Read More...

Friday, 4 May 2012

European Online Recruitment Up 6%

Data released Friday from the Monster Employment Index (MEI) shows positive online recruitment growth in Europe, up 6 percent from this time last year, with notable increases in trade worker occupations.


US Needs 125,000 New Jobs Per Month

The Telegraph quotes figures quoted by AP - the US economy must create at least 125,000 jobs a month just to keep pace with population growth, with twice that number needed on a consistent basis to rapidly lower the unemployment rate.