726,000 drop off payrolls in UK since virus pandemic began

Business | 23 Feb 2021 7:51 pm

 The U.K. unemployment rate increased 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 increased to 5.1 percent in December, up 0.1 percent from the previous month and 1.3 percent 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 percent of the decline coming among people under 25.

The figures don’t show the full impact of coronavirus disease  restrictions on employment because some 1.9 million workers remain on furlough. A government program covers 80 percent 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 the coronavirus disease.-AP

 

 



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