UK's unemployment on the rise as 650,000 lost their job during coronavirus lockdown
Unemployment has risen almost 650,000 during lockdown with the crisis claiming an extra 74,000 jobs last month.
The number of paid employees fell 1.9 percent year on year in June to 28.4 million, the Office for National Statistics said. Those claiming work-related benefits such as universal credit has more than doubled to 2.6 million since March.With 9.4 million on furlough classed as employed, the true coronavirus impact is only expected to show after the scheme ends in October. The British Chambers of Commerce has found that a third of firms are planning to lay off staff over the next three months.
He said: "I think the best thing we can do is continue to open up the economy in a phased manner, a cautious manner, and get businesses up and running again."
The Office for Budget Responsibility predicted this week that unemployment is set to hit 12 percent this year - or three million people. Jonathan pandemic took hold, the labour market weakened markedly, but that rate of decline slowed into June, though this is before recent reports of job losses.
"There are now almost two-thirds of a million fewer employees on the payroll than before the lockdown, according to the latest tax data."
The ONS said average weekly hours worked per person fell to a record low of 26.6 between March and May, down by 5.5 hours on a year ago, while Job vacancies fell to 333,000 between April and June - also a record low.
Chancellor Rishi Sunak this week conceded that some of the £1,000 bonuses for each furloughed employee brought back would be wasted on unthreatened workers.
He said: "I think the best thing we can do is continue to open up the economy in a phased manner, a cautious manner, and get businesses up and running again."
The Office for Budget Responsibility predicted this week that unemployment is set to hit 12 percent this year - or three million people. Jonathan pandemic took hold, the labour market weakened markedly, but that rate of decline slowed into June, though this is before recent reports of job losses.
"There are now almost two-thirds of a million fewer employees on the payroll than before the lockdown, according to the latest tax data."
The ONS said average weekly hours worked per person fell to a record low of 26.6 between March and May, down by 5.5 hours on a year ago, while Job vacancies fell to 333,000 between April and June - also a record low.
Chancellor Rishi Sunak this week conceded that some of the £1,000 bonuses for each furloughed employee brought back would be wasted on unthreatened workers.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
