EU employment down and rising social concerns
The latest EU Employment and Social Situation Quarterly review released
today by the European Commission shows that, after a moderate labour
market recovery which lasted until the middle of 2011, European
employment is down again.
Our View: Unions and employers clash…Cyprus
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TOMORROW unions and employer organisations could be headed for a
confrontation as the latter announced on Tuesday that they would seek
an official wage freeze and suspension of the Cost of Living Allowance
(CoLA) for collective agreements in the private sector for two years
Euro area unemployment rate at 10.3%
The euro area (EA17) seasonally-adjusted unemployment rate was 10.3% in
November 2011, unchanged compared with October. It was 10.0% in
November 2010. The unemployment rate was 9.8% in November 2011, also
unchanged compared with October. It was 9.6% in November 2010
Global employee satisfaction continues to lag
According to Aon Hewitt, lack of connection between individual and
organizational success seen as a main issue in decreasing
engagement…
