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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 ...
UK unemployment could hit 14.8% if there is a second wave of coronavirus infections in the country.
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. UK unemployment rate jumps by more than expected amid cooling jobs market ...
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]
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]
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 ...
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