News

Italy has the second lowest percentage of university graduates in the European Union, as Eurostat statistics showed.

Just over one in four Italians (26.2 %) aged between 30 and 34 has completed a university degree, a figure only outdone in Romania, where it was 25.6 %.

Source: Urbino Project

Source: Urbino Project

However, the figure for Italy had almost doubled since 2002, when it stood at 13.1 %.
Across the European Union as a whole, the %age of people with university-level education stood at 39.1 %, up from 23.6 % in 2002. Lithuania topped the table, with 58.7 %, followed by Luxembourg (54.6 %) and Cyprus (53.4 %).

Continue reading »

Comments Off

Amsterdam to host European Medicines Agency

Posted by | January 8, 2018 | News

Milan lost the bid to host the European Medicines Agency when it moves out of London, UK after Brexit.

EMA_hq_Office

EU foreign ministers picked largest city in the Netherlands as the new home of the European Medicines Agency (EMA) with Milan, Italy the closest runner-up.

Continue reading »

Comments Off

Norwegians tend to be happy with their jobs

Posted by | December 6, 2017 | News

Around 94 percent of the workforce in Norway is satisfied with working conditions, as compared to 86 percent in the EU. This puts Norway at the top of the heap regarding job satisfaction. The other Nordic countries also score highly in this respect.

Most Norwegian employees think the organisation or firm they work in motivates them to do a good job.

Like-jobs

Continue reading »

Comments Off

Goldman Sachs hires 250 employees in POLAND

Posted by | December 6, 2017 | News

Goldman Sachs is looking to hire about 250 staff in Poland in 2018 and Standard Chartered is also considering the country as a possible new hub for around 500 staff, the banks said on Tuesday.

goldman-sachs

Poland, by far the largest country in the European Union’s eastern wing, has seen strong economic growth over the past decade and has proven attractive for international banks and other companies, partly due to its cheaper labor costs.

Continue reading »

Comments Off

BREXIT might bring 10 000 jobs to PARIS

Posted by | December 6, 2017 | News

FT_Brexit_01

French capital is tempting firms from London in seeking to profit from the UK’s exit from the EU.

La Défense, Europe’s largest business district, happens to be in a building boom just as Paris itself races to construct new office buildings amid a massive extension of the public transport system. The business district is ready with hundreds of thousands of square meters of comparatively cheap office space for any company that might decide to relocate staff from London, particularly if Brexit means the loss of London’s “passporting rights”, which allow international financial firms access to EU markets.

Continue reading »

AMS_Logo
According to Austria’s employment service (AMS) long term unemployment rate in Austria has tripled in the past year.

At the end of November 2014, there were 16,447 people who have been out of work for more than 12 months.  Since then, the number has soared by 31,398 up to 47,845 at the end of 2015 In September 2017 the number of long term unemployed went to 57,233, which is a total increase of  348% since late 2014.

Overall employment statistics are also grim, with an increase since last month of 7.4 percent, meaning a total of 302,843 people out of work, according to a report in the.

If you add in the number of people in training — some 70,814 — the number increases to 6.1 percent.

In general the unemployment rate generally as a proportion of the working population stands at 9.2 %.

The chief of the Austrian unemployment service (AMS) explained that “a poor economic situation since 2012 has led to a consolidation of unemployment.”

Older Austrians are particularly affected, with a significant increase of 13.5 percent among those over 50 years of age, bringing the total to 97,318 ageing workers.

All major industries have been affected by the trend, including the tourism sector, which has seen a 4.6 percent increase in jobless.

The construction business was also affected, with a 3.8 percent increase.

There was little difference between the rates for men and women. Youth unemployment however decreased slightly, as employers are switching to less experienced people to save costs.

Source: TheLocal.AT

Comments Off

What are the average salaries in Belgium ?

Posted by | August 29, 2017 | Mobility, News

belgium_640

How much do Belgians earn on average? Which professions earn the highest wages and which sectors pay the most? How do age and degree influence the paycheck?

These are all the question someone considering to move to Belgium ask himself. According to the latest survey produced by the Belgium statistics office , these are the response: full-time employees receives a gross average salary of 3,300 euros per month. Apart from the gross average salary, survey has idenfied following findings:

Continue reading »

Employment has reached another all-time high – but pay rises are still being outstripped by inflation. The number of people in work went up by by 125,000 to 32.07 million in the three months to June, with the employment rate hitting a record 75.1 per cent.

The number of EU citizens in the workforce also reached a new high, despite fears that the referendum result could have triggered an exodus.  Pay growth picked up pace slightly, easing the pressure on cash-strapped households.

UK_Employment

Continue reading »

Comments Off

Frankfurt and Dublin to benefit the most of Brexit

Posted by | August 21, 2017 | News

Frankfurt and Dublin are emerging as the winners of the race race to snap up the post-Brexit banking spoils, a board member of Germany’s Bundesbank has said.
Bundesbank board member Andreas Dombret has told Germany’s Der Spiegelmagazine that 20 big financial institutions are in negotiations to shift their operations to the banks of the river Main in Frankfurt.

“We are in the decisive phase of location decisions … and it is clear that Dublin and Frankfurt are profiting particularly,” said Mr Dombret. “Above all, the big American banks are concentrating themselves on these two cities.”

FT_Brexit_01

According to Mr Dombret, responsible for banking regulation, the British-based institutions are looking for more than just a German banking licence to continue trading inside the EU. They are anxious to shift entire brokerage, investment banking and traders operations.

Morgan Stanley and Goldman Sachs are among the biggest operators in these areas.

For the Bundesbank, the price for a banking licence in Germany will be adherence to German and European banking rules and a serious, sustainable presence in Frankfurt – not a brass plate operation – Mr Dombret said.

“We are demanding from the institutions that they build up qualified personnel for all core areas: management, risk management, compliance, anti-money laundering and finance departments as well as critical IT functions. And that has been agreed.”

The Bundesbank and state government of Hesse have lobbied hard for Frankfurt, citing proximity to the European Central Bank and the euro system’s largest member bank. In addition, they point to high standards of living in the central Main river region, strong infrastructure and good schools.

One of the first institutions to up-sticks is likely to be Deutsche Bank, which is expected move to Frankfurt several thousand of its 9,000 employees in London in its clearing, risk control, legal and reporting departments.

Morgan Stanley is doubling its Frankfurt presence, as is Goldman Sachs.

A year after the Brexit vote, most German banking analysts say it is clear that there will be no one big winner from the shift away from London.

Head-count boost

Germany’s banking association expects between 3,000 and 5,000 jobs to be shifted to Frankfurt in the coming two years. At least a dozen banks in Frankfurt will expand their pre-existing operations, it forecasts, boosting head counts by up to 400 employees each.

“There won’t be a Brexit bang and suddenly thousands of bank employees are with their families in Frankfurt,” said Mr Stefan Winter, head of the German banking association. “In five years, Frankfurt will feel the Brexit effect more strongly than in two years.”

A similar view is shared by the head of Bafin, the federal financial supervisory authority.

“Frankfurt is playing a leading role,” Bafin president Felix Hufeld told Der Spiegel. “Most of the big banks are pursuing a strategy of not putting all their eggs in one basket.”

In Ireland, Citigroup and JP Morgan have announced plans to expand in Dublin as a result of Brexit, with Bank of America Merrill Lynch to apply for a broker-dealer licence here, as it moves certain activities from London.

Source: IrishTimes

Continue reading »

Comments Off

European Commission Call for 2018 Traineeship

Posted by | August 2, 2017 | EPSO, News

Application for traineeship in the European is now open. A paid traineeship of 5 months with the European Commission, starting on either 1st March or 1st October, 2018. Every year, there are about 1.300 places available. If you are one of the selected candidates you get hands-on experience in the international and multicultural environment. This can be an important enrichment for your further career.

 

EU_Commission_traineeships

Continue reading »