UK jobless rate up


  • Economy
  • Wednesday, 16 Sep 2020

The unemployment rate increased to 4.1% in the three months to July from 3.9% in the April-June period, the Office for National Statistics said.

LONDON: Britain’s unemployment rate rose for the first time since the coronavirus lockdown began in March but official data published yesterday also showed a less severe fall in employment than feared.

The unemployment rate increased to 4.1% in the three months to July from 3.9% in the April-June period, the Office for National Statistics said.

Economists polled by Reuters had expected the unemployment rate to rise to 4.1%.

However, the fall in the number of people in employment was a relatively small 12,000 compared with a median forecast for a fall of 125,000 in the Reuters poll.

Figures from Britain’s tax office showed the number of staff on company payrolls fell by 695,000 between March and August, versus a sharply revised 659,000 in the March-July period. — Reuters

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