A recession is defined as two consecutive quarters of contraction. The economy shrank by 0.3{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} in the fourth quarter of 2011.  The UK economy has returned to recession, after shrinking by 0.2{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} in the first three months of 2012. BBC economics editor Stephanie Flanders says it “adds to the...

Universities can expect a decline in applications following the fee increase, according to students. Many even claimed their current course is not worth the money. survey of more than 100 students and graduates by graduate recruitment website Milkround revealed more than 80 percent of its respondents believe raising university...

A poll conducted by Monster shows the like-minded nature of workers amid a challenging economic climate; over half of respondents (55{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}) said they are considering switching their career in response to economic troubles, while nearly one third (30{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}) would consider a move if they could find a better career. Conversely...

The deficit to GDP ratio for the bloc as a whole fell to 4.1{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} from 6.2{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} in 2010, Eurostat said. The overall debt to GDP ratio rose to 87.2{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} from 85.3{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}.  Eurozone governments have introduced far-reaching austerity measures designed to cut deficits.  The Republic of Ireland, Greece and Spain...

Recruitment figures for Europe for March showed continued year-on-year growth – albeit at a slightly slower pace than in February. The newest Monster Employment Index Europe found that recruitment rose by eight per cent across the continent, compared to the figures for March 2011. The previous index, carried out...

The US investor, known for nearly bringing the Bank of England to its knees in a wave of currency speculation in 1992, laid out an elaborate plan for saving the common currency, in an interview with the Welt am Sonntag newspaper. He was also quick to blame the German...

Unemployment fell by 35,000 to 2.65 million over the December-to-February period, according to the Office for National Statistics (ONS).   The claimant count rose by 3,600 in March to 1.61 million. The unemployment rate edged down from a 12-year high of 8.4{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e} to 8.3{6060b2de664e4eaa3e7b7e86961ce2c4bbd7a29b6c1097abf8257a4e5b07383e}, the lowest level since the summer...

New figures released today by the Totaljobs Barometer, the first to provide a round-up of the labour market in the first quarter of 2012, reveal that competition for posts rose from 15 to 20 applications for each job compared to the same period last year. Although the jobs market...

Pathway to Pensions, a programme of guidance and support for REC members launches today. The programme aims to help recruitment agencies understand how they will need to implement the automatic pension enrolment rules and make contributions for workers who remain opted in to a pension scheme. From October 2012,...