COVID-19: Jobless rate hits 5% as unemployment rises by 202,000 in three months
27th January 2021
The UK’s unemployment rate has hit 5% for the first time in more than four years, according to official figures which suggest over 200,000 people lost their jobs in the three months to November.
The Office for National Statistics (ONS) also said 828,000 fewer people were on company payrolls through December compared to the pre-COVID-19 crisis month of February 2020.
“The number of people saying they had been made redundant in the previous three months remains at a record high.
“Meanwhile vacancies, which were rising in summer and early autumn, have been falling in the last couple of months.”
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