Search results
Results From The WOW.Com Content Network
The Office for National Statistics said the unemployment rate fell to a lower-than-expected 3.6% in the three months to July. UK unemployment rate slumps to 48-year low but more Britons quit jobs ...
There is some data available on UK unemployment rates from before 1971 but it is not consistent with the current international definitions as it is more closely related to the Claimant Count. UK unemployment surged to a two-year high of 4.4%, with job vacancies dropping by 12,000 to 904,000 in 2024.
The Coronavirus Job Retention Scheme (CJRS) was a furlough scheme announced by Rishi Sunak, the Chancellor of the Exchequer, on 20 March 2020, during the COVID-19 pandemic in the United Kingdom. [1] The scheme was announced as providing grants to employers to pay 80% of a staff wage and employment costs each month, up to a total of £2,500 per ...
On 28 March, Fitch Ratings downgraded the UK's government debt rating from AA to AA−, because of coronavirus borrowing, economic decline, and lingering uncertainty over Brexit. The ratings agency believed the UK's government deficit for 2020 might equal 9% of gross domestic product (GDP), compared to 2% the previous year. [ 87 ]
UK unemployment could hit 14.8% if there is a second wave of coronavirus infections in the country. OECD: Second coronavirus wave could see UK unemployment reach near-15% Skip to main content
Official figures also revealed wages continuing to lag behind rocketing inflation despite the biggest hike in earnings for more than 20 years.
The ONS said the jobless rate jumped to 4.2% in the three months to February, up from 3.9% in the three months to January.
In its final December 2021 report [72] it concluded that (a) the main factors behind the higher risk of COVID-19 infection for ethnic minority groups were occupation, living in multigenerational households, and living in densely-populated urban areas with poor air quality and higher levels of deprivation; (b) once infected, the risk of dying ...