Job Market Monitor
Markit
UK / Hiring at fastest rate since 1998 according to Markit employment index
British companies hired staff at the fastest rate in 16 years in February, as growth in orders and broader economic recovery fuelled confidence. The Markit employment index, combining the latest PMI data from the services, manufacturing and construction sectors, rose to 56 in February from 55.7 in January. It was the highest since the combined … Continue reading
Eurozone recession to continue into 2013 says Markit
he rate of contraction in the eurozone economy eased slightly in November, according to a closely-watched survey. But the region is still in line for another quarter of recession with further contraction likely in early 2013, according to Markit, who produced the survey. Its Eurozone Composite Purchasing Managers’ Index (PMI), which measures business activity, rose … Continue reading
Euro Zone – Factories preparing for worse to come with more job cuts
Euro zone manufacturing took another hefty blow in June and factories are preparing for worse to come, according to business surveys on Monday that showed jobs were cut at the fastest rate in two-and-a-half years. Markit’s Eurozone Manufacturing Purchasing Managers’ Index (PMI) was unchanged at 45.1 in June, above the preliminary reading of 44.8 and … Continue reading
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