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130 000 138 000: the number of managers who should be recruited this year, according to the annual survey of the Association for the use of frameworks (APEC). A decrease between 10% and 4% compared to 2009, the year already with a disastrous 28% decline in recruitment.

For if France was recovering from recession, the economic outlook remains uncertain. So, most leaders, including major groups, which at the height of the crisis have tightened the bolts in terms of wages than new hires, no plans, for now at least, change policy.

In this gloomy climate, the most affected will be like last year's graduates (bac + 4 and above). "Their situation will be the worst ever," said Jacky Chatelain, director general of APEC. The figures speak for themselves.Post engineering schools, business schools or university, they will be 120 000 to enter the labor market. But according to Pierre Lamblin, Director of Studies and Research of APEC, 21 000 to 23 000 only, 000 against 29 last year and nearly 45 000 in 2008, will be recruited with the status under this year, the lowest figure since … 1993. In addition, at the time, the number of graduates was far lower savings account payday advance .

This further deterioration due to several factors. First, the longer the duration of the contribution of assets born after 1948 to receive a full pension, which mitigates the effects of "aging population".Second, firms prefer hiring young professionals and executives confirmed mostly (five years minimum experience) that represent more than half of the hires in 2010.

Improvement from 2011

By sector, after a sharp decline in 2009 (- 34%), recruitment in the industry are still in decline (between – 14% – 23%). The construction and trade are also strongly affected. In contrast, services (banking, insurance, specialized distribution, engineering …) will be resistance and could stabilize the level of recruitment.

Finally, little sign of optimism, though short-term horizon of the job market for executives is quite stuffy in the medium term it is expected. Forecasts of APEC, recruitment would increase steadily from 2011 to regain a high level in 2012.And in 2014, companies would hire more than 240 000 frames, which constitute a record.

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In the wake of Grants in Asia this morning, the CAC 40 on a downward trend during the early exchanges. It lost 0.53% to 3669 points before embarking on his decline of 1%.

Meanwhile the employment figures in the United States, which will be published in early afternoon, the French public deficit rose to a record 138 billion euros in 2009 against 56.3 billion euros last year. As the trade deficit, it was absorbed in 2009 to 43,03 billion euros against 55.14 billion euros. Other important economic indicators are expected in Europe: Industrial output for the month of December and for 2009, Germany, and producer prices in January, Great Britain.

Finally, the finance ministers and central bankers of the G7 meet in Iqaluit, Canada.

The detailed values to follow

Electrolux is building on its capacity to innovate as with the washing machine with a function "steaming" it will launch this year payday loan lenders . Photo credits: DR

The meeting on Thursday could be better than yesterday, concluded on a clear downward. The Cac 40 could waltz between red and green, like the Tokyo Stock Exchange Thursday. Or choose to enthuse the good growth figures, choinoise, as the Nikkei this morning.

Asian markets have, however, ended in a fragmented, mixed with fences in the area. The Nikkei finished sharply higher, but other stock markets ended in red. China's decision to limit loans to prevent bubble and an overheating economy has affected the trend in early trading before the growth figures do not change the situation.

The day before this decision had a net effect: all the financial markets have ended in the red.Wall Street in particular closed down 1.14%, Paris fell by 2%, 1.67% London personal business card .

Relaxation towards the euro-dollar

As for currencies, the euro weakened further against the dollar. It lost 0.09% on Thursday to 1.4097 dollars. The news should be appreciated by the export values.

The markets will also be very vigilant to macro-economic statistics to be published. In France, is known to 9am PMI flash January. INSEE unveil at 9:30 figures of entrepreneurship in 2009 and 12, the average annual inflation in 2008 and 2009. Across the Atlantic, the U.S. will publish the number of weeks claimed unemployment at 14:30, the composite indicator of economic activity from December to 16h and the index of the Philadelphia Fed at the same time.

The detailed values to follow in a moment …

"VIDEO – Tips for betting on the currency in 2010

This is better, but there is still much work to do. This is essentially the message that the Fed has sent in its periodic report of the Beige Book.Although economic conditions in the United States will be "even slightly improved" since early December, loan demand and credit quality continues to decline in most regions, said Wednesday the U.S. central bank.

"Even if economic activity remains at a low level, the situation has further improved slightly and these improvements are a wider geographical perspective," according to information transmitted by the twelve regional branches of the Fed.

In the previous report, published December 2, the Fed had estimated that the situation had "improved slightly" in late October and November.

The activity of banking and financial sector remains a concern is that the central bank in the report prepared for the next meeting of the Monetary Policy Committee of the Fed, 26 and 27 January.

"The Fed must raise interest rates" (President of the Philadelphia Fed)

The other black economy is unemployment, according to central bank: "the situation on the labor market remained generally poor, with modest increases in wages appearing in only a few regions.

Consumption expenditure of households, the traditional engine of U.S. growth, "have been at parties year end slightly higher than in 2008 but still well below 2007 levels," said the central bank.

Parallel, were the speeches of presidents of the Philadelphia Fed's Charles Plosser and Dallas, Richard Fisher, the U.S. outlook.The first said that sluggish job market should not prevent the Fed raise interest rates, while the latter said that the Fed would begin to withdraw its measures of accommodative monetary policy to avoid an increase inflationary pressures.

At the same time, Washington announced that the deficit of the United States increased from 77.5% to 91.854 billion dollars for the month of December compared to December 2008.

Shortly after the publication of the Beige Book on Wednesday, the Dow Jones up 0.36% to 10,665.65 points, after opening up 0.15%.

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The UNEDIC (unemployment insurance) is less pessimistic than before. It now provides over 509,000 unemployed in France in 2009 (639,000 in its previous estimate in May). The unemployment rate should rise and 9.7% at the end of this year and 10% in late 2010, according to new forecasts released on Wednesday.

The projections for this year join those published in early October, the INSEE, which however did not give a figure for the end of next year. In the second quarter of this year, the unemployment rate was 9.1%.

According to a statement released Wednesday Unedic, the number of job seekers, after a sharp rise in 2008, would increase this year of 509,000 (including those engaged in a reduced or exempted from seeking employment because of their age ), including 328,000 compensation.End of August, France had a total of 3.7 million job seekers (including those engaged reduced).

The projections, detailed Wednesday in an office monthly Unedic are established on the basis of a GDP decline of 2.2% this year, followed by an increase of 1.1% in 2010.

In 2009, the economy will continue to destroy more jobs than it creates employees, but to a lesser extent than anticipated previously.The unemployment insurance system now expects "a contraction in employment of 413,000 jobs in 2009, while waiting earlier net loss of 591,000 jobs this year employees.

In 2010, estimated Unedic, "wage employment would register a decline of 75,000 jobs, almost two times less than the 133,000 net job losses employees previously expected.

Given these prospects improved, the financial situation of unemployment insurance will deteriorate less strongly than previously expected. The plan should acknowledge the end of 2009 an annual deficit of 902 million euros and not more than 1.3 billion euros as anticipated in late May and end in 2010 a deficit of 3.6 billion euros.

The deficit accumulated in recent years, reduced to 4.9 billion euros in late 2008, would increase slightly less, and would amount to -5.9 billion euro in late 2009 and -9.5 billion euros at end 2010 .

The French Union of Petroleum Industries (UFIP) denounced Thursday the weight of the new fuel taxes. Its president, Jean-Louis Schilansky explained that "the stacking of the fees will be as a result adds a little salt on prices at the pump." "This increase will be very, very important. Long ago we had no such increase since the government of Jean-Pierre Raffarin, said the president of UFIP.

The introduction of "carbon tax" could result in an increase of 4.92 euro cents per liter of gasoline, an increase of 3.8% of current price, and of 5.41 cents per liter diesel (+5.1%). The association of consumer UFC-Que Choisir has also considered Thursday that the impact of carbon tax on prices at the pump would be "anything but marginal.With the VAT charged to tax carbon per tonne of CO2 would cost over 17 euros, as announced by the government, but 20.3 euros, VAT included. As for gasoline, this would result in an increase of 5 cents instead of 4 cents as advertised. "We expect the government to increase from 19.6% the compensation offered to households," said Francois Carlier of the UFC. The government responded Thursday afternoon indicating that the carbon tax will be fully compensated for households, including VAT, and it was never intended to keep VAT revenue generated by the measure."The amount of compensation paid to households will be exactly equal to the amount collected or 2.65 billion euros, as indicated by the preliminary evaluation of the reform, released at the same time as the bill Finance "said the Ministry of Finance.

Up to 10 cents more per liter

The UFIP also pointed to the possibility for regions to increase the TIPP (domestic tax on petroleum products) to 0.73 euro cents per liter for gasoline and 1.35 euro cents per liter diesel. This event provided by the Finance Act 2010 for areas that have additional resources for the financing of sustainable transportation (rail or water) could add further notes the consumer.

"By combining all measures that apply to fuel in 2010, prices could rise to 8.8 cents per liter for gasoline and 10 cents for diesel," says the UFIP. The upper range, which represents 7 to 10%, includes in addition to the impact of carbon tax, the maximum increase of TIPP, but also indirect effects such as the impact of extending the licensing system of economy 'Energy and the requirement for incorporation of biofuels for fossil fuels. Vendors of energy that do not respect these ecological principles being penalized.

Biofuels: a five-station is equipped with only 20% of French service stations are currently equipped to distribute the new E10 biofuel, far from 60% to 70% predicted, said Thursday Jean-Louis Schilansky, president of the French Union of Petroleum Industries (UFIP).The President of the UFIP recalled that almost all cars registered after 2000 could use the E10, but it could have a corrosive effect on engines of cars unsuited. The French ethanol producers sold 7.4 million hectoliters in 2008 and plans to distribute 20% more in 2009 with the launch of the E10.

The former sidekick of George Soros, Jim Rogers, chairman of Rogers Holdings and investor known for his forecasts on the commodities market, has announced that an ounce of gold would continue to grow year after year until it reaches the 2,000 dollars within ten years. "The dollar is a dollar very imperfect" and "U.S. debt is held outside the country is progressing rapidly every year and I do not think Washington cares," he said to support his predictions.

In his statements, which were recorded on the sidelines of a conference of ETF Securities in New York, Jim Rogers also discussed progress continues to be held on the commodities market as a whole. The oil or sugar and should see their prices rise with a steady increase in global demand and supply reduction over the years.

Jim Rogers said that Asian countries in growth would be the main actors of this bull cycle in commodities.

New historic high

The ounce of gold hit a new historic high in sitting for the third straight day in familiar terms from the 1061.6 dollars late Thursday afternoon. Jim Rogers, who said "like gold" wished to draw the attention of investors on two other metals called "noble" that are silver and palladium, platinum derivatives. "The money is still 70% below its historic high," he said, as palladium.

A native of Alabama, Jim Rogers founded the Quantum Fund in the 70's with another now famous investor George Soros. Only ten years it has been necessary to build a fortune and retire at the age of 37.Specialist materials, it has launched a fund dedicated to market "commodities" in 1998 when the commodities market had just experienced two decades of decline.

A page in the history of General Motors (GM) is turning. The U.S. manufacturer has confirmed on Friday reached an agreement with Sichuan Tengzhong Heavy Industrial Machinery to sell it to the Hummer brand, owned by GM. Tengzhong Hummer will acquire through a subsidiary which will own 80%, while the independent businessman Suolang Duoji resume the remaining 20%. The transaction amount was not disclosed for now, but according to a source familiar with the matter, the sale is around 150 million dollars (about 102.3 million euros). But GM was estimated at 500 million (340 million euros) minimum value of the Hummer in its declaration of bankruptcy last summer. Tengzhong product including machinery for construction and infrastructure, but also for the energy industry.

General Motors had announced the day after filing for bankruptcy in early June, a memorandum of agreement with him to give Tengzhong Hummer, a hallmark that the American manufacturer considered "non-strategic" to its survival. Hummer does actually represents less than 0.5% of annual production of General Motors.

Very famous for their impressive size, the Hummer vehicle sales have plummeted in the United States due to rising oil prices and the consequences of the economic crisis. Very inefficient, these types of vehicles show an average fuel economy of at least 14 liters per 100 kilometers.

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