(20 May 2020) Jobless claims in the United Kingdom jumped 69.1% MoM in April to reach 2.1 million, according to the UK Office for National Statistics (ONS), making it the largest month-on-month increase since records began in 1970. The increase comes even as the government has implemented an emergency wage subsidy that pays 80% of workers’ wages up to sterling pound 2,500 per month.
The government also enhanced its Universal Credit social security payment to expand eligibility for unemployment benefit support. As a result, ONS cautioned that the claims figure may not be an accurate reflection of unemployment given the new measures to help those whose income is affected due to the coronavirus.
Learn more >
Learn more >
Learn more >
Are you sure you want to delete this page?
Are you sure you want to delete this document?
Unable to delete the page because it has shortcuts referencing it at the following locations:
Please delete these shortcuts first, then delete page itself.
Our website uses cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your personal cookie settings through your internet browser settings.
Privacy Policy