The UK’s unemployment period jumped to 4.5% between June and August.
A month ago, the unemployment rate was 4.1%, according to the National Bureau of Statistics.
The number of people during this period of unemployed was 1.52 million, a number that has increased rapidly amid the Covid-19 pandemic.
ONS said: “The annual increase was the largest since September to November 2011, and the quarterly increase was the largest since May to July 2009.
“The estimated unemployment rate in the UK for men was 4.9%, 0.8 percentage points higher than a year ago and 0.7 percentage points higher than last quarter.
The estimated unemployment rate for women in the UK was 4.0%. This is 0.3 percentage points higher than a year ago and 0.1 percentage points higher than last quarter. ”
This news arises as the government is involved in the Furlough plan.
Unemployment rates can hit the most difficult part-time staff and self-employed people.
“Estimates from June to August 2020 show that 3259 million people aged 16 and older are 102,000 fewer than a year ago. This annual decline was driven by men in employment (down 213,000 in a year, 1704 million),” ONS said.
“Employment fell 153,000 in the quarter. Men in employment fell 115,000 while women in employment fell 38,000. This quarterly declined was driven by employment ages 16-24, self-employed and part-time workers, but part-time workers, but part-time workers, part-time, offset by an increase in employment for people aged 25-64 and full-time employees.”
Exchequer Prime Minister Rishi Sunak responded to the new person: But these are not just statistics, they are people’s lives. That’s why my absolute priority is to try and protect as many jobs as possible and help people who have lost their jobs return to employment.
“This is why we are putting together an unprecedented £190 billion support package and creating a comprehensive plan for employment. Our measures are focused on protecting people’s livelihoods. This is what the Furlough scheme did, and the support scheme, including Seiss, employment support schemes and job retention bonuses, continue to do so.”
