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Covid-19 sees jobless rates rise, business investment fall

The number of UK employees fell by more than 600,000 last month, while job vacancies are at a record low, according to the Office for National Statistics (ONS), as Covid-19 restrictions on business activity impacted the labour market.

Covid-19 sees jobless rates rise, business investment fall
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It says early indicators, based on HMRC’s real time PAYE data for May, suggest that the number of employees in the UK on payrolls is down over 600,000 compared with March.

Read more at the Accountancy Daily

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