UK unemployment hits 3-year high in August, as COVID-19 sees nearly 3 million people claim jobless benefits | Markets Insider

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UK unemployment hits 3-year high in August, as COVID-19 sees nearly 3 million people claim jobless benefits

UK unemployment jumped to its highest rate in over three years, rising to 4.5% in the three months to August.

People who were laid off, or voluntarily left jobs, rose to 227,000 in the three-month period to August, up by 113,000 from the same period the previous year, the largest annual increase since April to June 2009, during the financial crisis.Read More: "Almost a million people have lost their jobs since the start of the pandemic and, given the latest lockdown measures, this number could climb again in the coming months," Orka Technology CEO Tom Pickersgill said."While this is a terrible situation for so many to be in, the picture of the job market isn't completely black and white and there are some opportunities out there.

 

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