Business News Round-Up: 28th May 2012
One third of pensioners continue working after retirement age
The research company, Mintel, have found that in 2011 only one in three pensioners stopped working when they reached retirement age. This number has decreased dramatically from the previous year's figures when 48 per cent of people retired when they reached the state pension age. For more on this story, please click here.
Could cutting red tape improve the UK jobs market?
Following the recent Beecroft report recommendations revealed last week, a survey of more than 1,000 businessess, conducted by the Insitute of Directors, has shown that the majority of respondents believe that a reform of the current employment laws and regulations could actually lead to job creation. Click here to read more.
Opportunity for recruitment firms to benefit from labour reforms
Many European countries have introduced labour reforms to make the jobs market more flexible and boost job growth as the unemployment rate across Europe continues to rise. According to Denis Pennel, Managing Director of Ciett, recruitment firms have a "massive opportunity" to expand and grow at this time, fully utlisiting the liberalised labour market which had previously been accused of being restrictive. To read more on this story from Europe, please click here.