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Tags: Britain | Economy

UK Unemployment Rate Rises for 6th Straight Month

UK Unemployment Rate Rises for 6th Straight Month

Tuesday, 23 February 2021 04:00 AM

LONDON (AP) — The U.K. unemployment rate rose for a six straight month in December as renewed coronavirus restrictions shut down most businesses across the country.

The Office for National Statistics said Tuesday that unemployment rose to 5.1% in December, up 0.1% from the previous month and 1.3% from a year earlier. The number of people on company payrolls has dropped by 726,000 since the pandemic began last February, with 58.5% of the decline coming among people under 25.

The figures don’t show the full impact of COVID-19 restrictions on employment because some 1.9 million workers remain on furlough. A government program covers 80% of their wages.

Prime Minister Boris Johnson on Monday announced plans to slowly end a national lockdown in England in hopes of safely reopening the economy and social life as infection rates drop and widespread vaccinations reduce the threat from COVID-19.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
The U.K. unemployment rate rose for a six straight month in December as renewed coronavirus restrictions shut down most businesses across the country.The Office for National Statistics said Tuesday that unemployment rose to 5.1% in December, up 0.1% from the previous month...
Britain,Economy
144
2021-00-23
Tuesday, 23 February 2021 04:00 AM
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