Jobless rate hits 5% as unemployment rises by 202,000 in three months

Business

The UK’s unemployment rate has hit 5% for the first time in over four years, according to official figures which suggest over 200,000 people lost their jobs in the three months to November.

The Office for National Statistics (ONS) also said 828,000 fewer people were on company payrolls through December compared to the pre-COVID-19 crisis month of February 2020.

The latest figures covered a time of continuing restrictions on the economy to curb the spread of the virus, including a four-week November lockdown for England, though the core statistics were better than many economists had predicted.

Products You May Like

Articles You May Like

MIT Researchers Measure Quantum Geometry of Electrons in Solid Materials for First Time
Sustainable performance with ERANGE – the best EV tires for top EVs
Moment Gavin & Stacey star’s family discover her secret return while watching show
Trump aide’s Mandelson jibe was clearly designed to stir things up – but why?
Trump White House will be like ’24/7 bar-room brawl’, warns former ambassador to US

Leave a Reply

Your email address will not be published. Required fields are marked *