Bosses forecast positive effect from Olympics

Some 24 per cent of bosses in the United Kingdom are of the opinion that the upcoming London 2012 Olympic Games - due to begin on July 27th this year – are going to have a positive effect on their firms.

The data comes courtesy of the most recent JobsOutlooksurvey from the Recruitment and Employment Confederation (REC).

The survey also found that a small four percent of bosses forecast that the Olympics will adversely affect the bottom line of their organisation.

"Barring any terrible shocks from the eurozone and with the potential of a boost to business from the Olympics we could still be on track for slow improvements in job creation as time progresses," commented Roger Tweedy of the REC in the wake of the survey's findings.

Among other things JobsOutlook discovered the percentage of employers planning a hike when it comes to how many permanent staff they have in the coming three months has gone down by three per cent month on month, from 66 to 63 per cent.

Recent ONS data suggests that 29.28 million individuals who are 16 years old or above had employment between February and April this year. This was a quarter to quarter rise of 166,000.

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