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Olympic jobs boost for Britain

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http://www.euronews.com/ There were fewer unemployed Britons in the period from March to May as the Olympics in London created jobs.

In a rare bit of positive news from the recession-hit British economy, the total of people without a job – using International Labour Organisation measurements – dropped by 65,000 to 2.58 million.

The ILO jobless rate stood at 8.1 percent, of the workforce.

The number of people claiming unemployment benefits did rise slightly more than forecast in June, but the Office for National Statistics said a change in benefit rules may have contributed to the increase.

The ONS said the rise in employment and the drop in unemployment was concentrated in London, indicating that the Olympics, which start on July 27, have created jobs.

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1 Comment

  1. @deadvodka

    May 30, 2024 at 11:56 pm

    I wonder if this event will have a higher impact on society than the Beijing Olympics have had. Though I do hope that there won't be any negative events like terrorists attack.

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