Unemployment was already rising even before the impact of coronavirus on the jobs market, official figures revealed on Tuesday.
The Office for National Statistics said there were 1.34 million people unemployed in the quarter to January, 5,000 more than a year earlier. That marked the first rise in annual unemployment for more than seven years, statisticians said.
Economists warned of worse to come and said that unemployment may stay at an “elevated” level until the end of the year as a result of the virus – with as big an impact on the jobs market as the financial crisis.
Read more at: Unemployment was rising even before coronavirus crisis
The Office for National Statistics said there were 1.34 million people unemployed in the quarter to January, 5,000 more than a year earlier. That marked the first rise in annual unemployment for more than seven years, statisticians said.
Economists warned of worse to come and said that unemployment may stay at an “elevated” level until the end of the year as a result of the virus – with as big an impact on the jobs market as the financial crisis.
Read more at: Unemployment was rising even before coronavirus crisis
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