Overall findings show that while salaries and hiring are increasing, the shortage of qualified talent means employers will need to work much harder to attract, retain and develop quality talent in markets where key skills are increasingly scarce. This talent shortage is one of the biggest challenges to expansion facing employers across Europe.
It's a job seeker's market for educated professionals like accountants, engineers and nurses, according to a survey released today by Manpower Professional. With 45 percent of employers reporting difficulty filling these types of positions, the United States is among countries with the most serious talent shortages. The tight supply of professionals is putting upward pressure on wages with 38 percent of U.S. employers paying higher wages for the same positions compared to the previous year.
Talent shortages are forcing 25 percent of employers to pay higher salaries for permanent, professional(1) positions compared to the previous year, according to a Manpower Professional Survey released today. The professional talent shortage is threatening growth opportunities for many firms, with 29 percent of employers worldwide reporting they would have hired more professional staff over the past six months had the appropriate talent been available.
Fitch Ratings has upgraded the Republic of Lithuania's Foreign and Local Currency Issuer Default ratings ("IDRs") to 'A' from 'A-(A minus)' and 'A+' from 'A' respectively. The Outlook is Stable. The Country Ceiling has been upgraded to 'AA' from 'AA-(AA minus)' while the Short-term Foreign Currency rating is upgraded to 'F1' from 'F2'. Fitch is also assigning an 'A' rating to Lithuania's forthcoming EUR600 million 2012 Eurobond.
Fitch Ratings says in a special report published today that major French banks are well placed to deliver good earnings in H206 and into 2007. Though downside pressure may arise from unexpected events, Fitch views this as very unlikely and the continued positive outlook for the French economy is expected to provide a favourable environment for the country's banking sector.
The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index remained unchanged and the lagging index increased 0.2 percent in September.
Nokia's third quarter 2006 net sales increased 20% to EUR 10.1 billion, compared with EUR 8.4 billion in the third quarter 2005. At constant currency, group net sales would have increased 18%.
With the Chinese government’s emphasis on the application of green technologies, manufacturing industries are realizing the need for energy-efficient electric drives. This is significantly enhancing the growth of the electric drives market in China.
According Research and Markets in the first half of 2005, the Chinese farm chemicals market maintained the growth levels of 2004. July saw the beginning of a gradual decline but was still better than the same period in 2004.
According the Research and Markets In 2005 the Chinese Dairy Industry maintained a strong growth rate and its operations improved compared with 2004. Dairy cattle inventory and raw milk production both also increased over 20%.
