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UK – Olympics fail to boost jobs

17 September 2012

The number of permanent and temporary roles advertised in August was down as general staffing did not see the pick-up in vacancies anticipated from the Olympic Games, research from Adecco Retail shows today.

In fact, there was a negative impact on the retail industry last month with contract and temporary positions falling by -19%. But brighter months might lie ahead, according to the staffing firm.

“Although there has been a recent dip in the retail sector, the sector is preparing for the start of the Christmas cycle. We anticipate an uplift driven by preparation in manufacturing and planning for the busiest time of the retail calendar. We are optimistic of a better quarter in store,” said Steven Kirkpatrick, Managing Director at Adecco UK.

In the temporary staffing market, roles declined in a number of sectors, including banking, engineering and the public sector.

In August, the permanent placement market saw the sharpest drop in engineering roles which were down -86% while jobs in the telecoms sector also fell by -40%. The banking, insurance and finance industry, however, had a more positive month with a +7% general staffing increase for permanent roles. 

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