The Mayor of London, Boris Johnson, failed to deliver the Olympics jobs he promised, according to a new report.
One year after the games ended, the promised 70,000 jobs for Londoners have only materialised if the count includes some, like those at the Westfield shopping centre, which are only loosely linked to it.
Researchers SQW found that flagship employment projects failed to deliver the numbers required, even though the delivery methods used by the organising committee were 'exemplary'.
The Mayor promised £20 million to help long-term unemployed Londoners with training, advice and support, but only £8 million has been spent.
6,500 long-term unemployed people were targeted for support into work, but fewer than half got jobs and only a small proportion kept them for more than six months, a key measure of success.
There was a particularly bad report on Seetec, the employment and training company which holds Work Programme contracts with the government.
Its 2012 Employment Legacy Project was set up with the aim of getting 1,400 'hard-to-reach' people into work, but only achieved 86 before the plug was pulled, and none of them stayed in their jobs for a year.
Those with barriers fared particularly badly: no black or minority ethnic, female or disabled participant found work which lasted six months.
The report said: "Despite the scale and experience of Seetec, it did not have the in-depth knowledge of working with the economically inactive, the key target group for the project."
SQW criticises the 'payment by results' funding method, also used on the government's Work Programme, believing many support providers will not make up-front investments in their clients with no guaranteed payments coming back.
The Host Borough Project, which helped residents of the London boroughs in which the games were delivered, did better, although it still found work for only 2,026 from a target of 5,000 people.
But it helped to sustain their jobs: 735 were still in work after a year.
The report says that projects "need to improve their performance, especially in terms of translating job entry starts into sustained employment outcomes".
Neale Coleman, Boris Johnson's Olympic adviser, told the BBC: "These are very difficult programmes to carry out.
"We can do this better in future. But in terms of the employment and skills generated during the games themselves, we deserve credit.