• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Domestic Affairs

United Kingdom lost 695,000 jobs

15th September 2020

United Kingdom lost 695,000 jobs Pin It

Unemployment in the United Kingdom has risen for the first time since the introduction of quarantine measures against the coronavirus. Figures from the National Statistical Office show that 4.1 percent of the labour force were unemployed in the period from May to July.

In the previous three months, the unemployment rate was 3.9 percent. The rise in unemployment is equivalent to the loss of some 695 000 jobs, according to the British statistical office.

The number of applications for unemployment benefit rose by 73,700 in August to a total of 2.7 million. That is more than a doubling since March (plus 120 percent).

The British government, like other European governments, came up with a support package to maintain jobs in the midst of the corona crisis. In addition, the government pays a large part of the wage costs for workers who are temporarily unemployed at home, but this programme has been blocked since the summer.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

Eurozone GDP on the…

In Foreign Affairs

Eurozone GDP on the rise, lags behind 2019 though

View Post

Next Post

The parliament supported Boris Johnson's…

In Domestic Affairs

The parliament supported Boris Johnson's law

View Post

In Domestic Affairs

Brexit causes a massive HR re-distribution among financial specialists

View Post

In IT, Innovation and Startups

Europeans are concerned about personal data use in GB

View Post

In Foreign Affairs

EU and UK remain committed to resolve the trade issues

View Post

In IT, Innovation and Startups

Jack Ma considers divestment from ANT Group

View Post

Newsletter

Latest News

Boris Johnson

View

Dyson tax case may vacuum out several MPs and PM

22nd April 2021

View

Sleepy Joe turns out to be Speedy Joe, according to Richard Koo

21st April 2021

View

Inflation target still not met

21st April 2021

View

Amazon may become 6th largest supermarket chain

20th April 2021

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com
  • Runch.co.uk

Sign Up for Our Newsletter

Our friendly crew

  • Matthew Patridge, the chief Editor
  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]