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The Office for National Statistics (ONS) published the latest official data on the UK labour market on Tuesday. Coronavirus: Official jobs figures show UK unemployment rose in February Skip to ...
These figures gave an official UK unemployment rate of 4.7%. [8] UK unemployment rates consistent with this definition are available from 1971. Considering this consistent time series, the highest unemployment rate recorded since 1971 was 11.9% in 1984 and the lowest was 3.4% in late 1973/early 1974. [9]
Official figures also revealed wages continuing to lag behind rocketing inflation despite the biggest hike in earnings for more than 20 years.
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
SSP Group announced it was cutting 5,000 UK jobs across its chains, including Upper Crust and Caffè Ritazza, as part of a restructuring aimed at keeping the company afloat. [124] On 2 July 2020, CDG announced the group had been placed into administration, with 91 outlets set to close with the loss of 1,900 jobs. [ 125 ]
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 ...
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 ...
As of 5 June 2020 the death rate across the UK from COVID-19 was 592 per million population. [11] The death rate varied greatly by age and healthiness. More than 90% of deaths were among the most vulnerable: those with underlying illnesses and the over-60s.