Redundancies hit a RECORD as unemployment spikes to 4.8% – the highest since 2016 – with fears the coronavirus pain is set to get WORSE Official figures show unemployment hit 4.8% in the three months to September Rate is now the highest since 2016 as the coronavirus crisis hammers economy Payroll numbers now 782,000 lower … Read more
Unemployment rate spiked to 4.8% in last quarter – the highest since 2016 – as coronavirus crisis hammered the economy with 782,000 fewer workers on payroll than in March By James Tapsfield, Political Editor For Mailonline Published: 07:13 GMT, 10 November 2020 | Updated: 07:31 GMT, 10 November 2020 Unemployment spiked by 0.7 per cent … Read more
Covid jobs crisis hits young people and ethnic minorities the hardest: More than one fifth of BAME workers and 19% of 18-24 year olds who were furloughed are now unemployed, report reveals One in five furloughed 18 to 24-year-olds have already been thrown out of work Resolution Foundation says it’s the worst jobs crisis for … Read more
Covid jobs crisis hits young people and ethnic minorities the hardest: More than one fifth of BAME workers and 19% of 18-24 year olds who were furloughed are now unemployed, report reveals One in five furloughed 18 to 24-year-olds have already been thrown out of work Resolution Foundation says it’s the worst jobs crisis for … Read more
Unemployment in Britain has jumped to its highest level for more than three years amid fears that millions more people will be on the dole queue by Christmas. The number of jobless people rose by 138,000 quarter on quarter to 1.52million in the three months to August – the highest since 2017. The unemployment rate … Read more
Coronavirus wipes out 700,000 payroll jobs as unemployment rate spikes to 4.1% with 2.7million on benefits By James Tapsfield, Political Editor For Mailonline Published: 07:19 BST, 15 September 2020 | Updated: 07:37 BST, 15 September 2020 Fears over a wave of coronavirus redundancies were fueled today as figures showed a spike in unemployment. The rate … Read more
Coronavirus wipes out 700,000 payroll jobs as unemployment rate spikes to 4.1% with 2.7million on benefits By James Tapsfield, Political Editor For Mailonline Published: 07:19 BST, 15 September 2020 | Updated: 07:33 BST, 15 September 2020 Fears over a wave of coronavirus redundancies were fueled today as figures showed a spike in unemployment. The rate … Read more
The parts of Britain that are claiming the most Government help since lockdown started have been revealed. Blackpool topped the list of areas where working-aged residents claim Universal Credit, with 12.3% of the population, representing an increase of 5.1% since March. Birmingham is next with 10.9%, with Thanet third on 10.5%, then Wolverhampton on 10.4%, … Read more
Confusion still surrounds President Donald Trump’s executive orders on coronavirus relief as states say they can’t kick in the $100 a week toward extra unemployment insurance. Equally unclear is whether President Trump has the constitutional authority to extend federal unemployment benefits by executive order. Trump announced an executive order Saturday that extends additional unemployment payments … Read more
The Bank of England offered hope for the economy today as it said the coronavirus downturn might be less deep than feared. The Bank expects the economy to shrink by 9.5 per cent in 2020 amid the coronavirus pandemic – less than the previous estimate of 14 per cent. That would make it the biggest … Read more