Hospitality and leisure Industry to take on public sector workers

Barclays Corporate questioned 500 executives of UK businesses of all sizes and varying sectors, into the attitudes of the private sector to job creation and their confidence in the economy. Of all sectors surveyed, the most positive businesses can be found in the hospitality and leisure industry; 55% of respondents believe ex-public sector workers are 'quite well equipped' to take on roles within the hospitality and leisure industry compared to 37% overall, while 9% feel they are 'very well equipped'. When it comes to job creation, 57% of hospitality and leisure respondents state they 'will create jobs' over the next 12 months, in line with the general economy, however majority of these roles will be at a low / unskilled level. Mike Saul, head of hospitality and leisure, Barclays Corporate, said: "Job creation is vital for a sustainable economic recovery, and the hospitality and leisure industry has shown they are more interested in employing public sector workers than the general business population, demonstrating the important role that the sector will play in the recovery." "Increased confidence and therefore investment in the hospitality and leisure industry feeds into a positive cycle in which job creation is an inevitable output. Banks have a key role to play in supporting this cycle."