LONDON - Britain’s jobless rate rose to 5.1% in the last three months of 2020, its highest in nearly five years but still lower than it would have been without a huge coronavirus jobs support scheme that finance minister Rishi Sunak looks set to extend next week.
The jobless rate - the highest since the first three months of 2016 - was in line with the median forecast in a Reuters poll of economists. But figures based on tax data show the number of employees on business payrolls has still fallen by 726,000 since February 2020 - equivalent to just over 2% of the workforce - with the majority of job losses suffered by workers aged under 25.
Prime Minister Boris Johnson announced his plan for easing England’s lockdown on Monday that would keep some businesses shut until the summer but allow a gradual, earlier reopening for others. The ONS said the number of job vacancies in the three months to January was 26% lower than a year ago, a less severe fall than last summer when vacancies were down by nearly 60%, although the pace of improvement slowed in the past few months.
We are fortunate to have a government and country that has supported our people through this. Many countries haven’t done so well.
BMW/Syncreon 220 Logistics ParkWAYGreer Sc 4 Plants Together They Always Recruiting Graduates for Drug DEALERS in the 5 plants Consist of About 1200 Children,Ages 19 To25Mostly,2 10 Hours Shifts 6 Day's AWeek, Selling Pills with unknowN MG That's HEALTHY !
the unemployment rate is masked by furlough ... wait until furlough stops and see how many workers retain their jobs ... this wanton destruction of the economy is inexcusable
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.