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Strengthening Public Finances a Key Challenge for Next Czech Government, says OECD Report

added: 07-04-2010

The main challenge for the next Czech government taking over after the May elections will be to repair the deterioration in public finances caused by the economic crisis, says a new OECD report. To promote medium-term growth, more should be done to improve the regulatory environment for business, lower the administrative burden and make the tax system less distortive.

U.S. Employment Situation in March 2010

added: 06-04-2010

Nonfarm payroll employment increased by 162,000 in March, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported.Temporary help services and health care continued to add jobs over the month. Employment in federal government also rose, reflecting the hiring of temporary workers for Census 2010. Employment continued to decline in financial activities and in information.

Fitch: Global Economic Recovery Gathers Momentum

added: 06-04-2010

Fitch Ratings says in a special report that the global economic recovery which began in mid-2009 appears to be gathering momentum.

After Being Hit Hardest Among Emerging Markets, Weak Recovery Expected For EU New Member States In 2010 and 2011

added: 06-04-2010

The EU’s newest member countries – Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia – are set to return to growth in 2010 and 2011, but the rate of growth is likely to be lower than the pre-crisis rate. According to the World Bank’s new EU10 Regular Economic Report, after contracting by 3.6 percent in 2009, the latest government projections have the EU10 countries set to expand by a modest 1.6 percent in 2010, and 3.6 percent in 2011.

Employees Report Rise in Compensation Cuts and Job Restructurings as Layoffs and Hiring Freezes Decline

added: 06-04-2010

The jobs outlook may be brightening, but a new survey shows employers are still taking actions that impact employee sentiment. In the first quarter, nearly half (48 percent) of employees1 reported their employers made changes to the number of staff, organizational structure, compensation and benefits or other perks in the past six months, according to the Q1 Glassdoor.com® Employment Confidence Survey of 2,315 U.S. adults conducted on its behalf by Harris Interactive®.

US Companies Optimism Tempered with Regulatory Concerns

added: 06-04-2010

The American Chamber of Commerce in the People's Republic of Commerce (AmCham-China) released its 12th annual Business Climate Survey. The results reveal strong overall optimism in the Chinese economy among US business, coupled with concerns about trends in the regulatory environment.

The Wall Street Journal / Hay Group CEO Compensation Study: Pay Levels Showed Little Change in 2009

added: 05-04-2010

Top U.S. companies made few changes to overall pay levels in 2009, despite a year of remarkable turbulence for executive pay, according to results from The Wall Street Journal/Hay Group 2009 CEO Compensation Study. The Wall Street Journal partnered with Hay Group for the third year on its annual study, which examines how large companies were compensated across all forms of pay in fiscal year 2009.

CareerBuilder and USA TODAY: Job Market Showing Gradual Improvement

added: 04-04-2010

A renewed sense of optimism in hiring is revealed in CareerBuilder and USA TODAY's latest nationwide survey of employers. For the third consecutive quarter, more employers are projecting they will increase headcount in the next three months while fewer employers are expecting staff cuts.

Big Companies Have Too Much Power and Influence in DC, Small Business Has Too Little

added: 03-04-2010

Many factors influence government policy and, more specifically, politicians. Yet year after year, certain groups are seen as having too much power over these politicians and others as having too little. Four groups in particular are seen by strong majorities as having too much power and influence in Washington and there is a clear theme for these groups. Two are in business – big companies (87%) and banks and financial institutions (83%) while the two others are “Inside the Beltway” groups – PACs, or political action committees which give money to political candidates (83%) and political lobbyists (83%).

Small Business Owners' Outlook Brightens for Sales and Hiring Amid Lingering Skepticism About U.S. Economy

added: 02-04-2010

The outlook among U.S. small business owners for sales, profits and hiring has improved from record-low levels one year ago, but they remain skeptical about the U.S. economy's recovery, according to the PNC Economic Outlook survey's newest findings.

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