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Managers expecting tough 2008

Published: Wednesday, 19 December 2007   Category: Graduate Job sector Reports

Managers in the UK believe that 2008 will be a tougher year for their business, according to a new report, which could be bad news for graduates looking for jobs in the New Year.

The research, by the Chartered Management Institute (CMI), shows that only 42 per cent of UK managers are optimistic about 2008. This is an 11 per cent drop from last year.

Jo Causon, director of marketing and corporate affairs for the CMI, said: "In the current climate, it is natural for employers to feel some degree of uncertainty."

Over half of managers think that rising costs of energy will affect their businesses negatively next year, according to the report, which also says that one in ten people plan to learn a new language in 2008.

The CMI is a professional body that is dedicated to management and leadership. It supports and advises individuals and organisations.

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