Subscribe to our newsletter

UK unemployment rises to 5.1% as Covid lockdown freezes economy

Unemployment in the UK edged higher to 5.1% in December as the government’s furlough scheme continued to prevent a steep rise in job losses in the run-up to Christmas.

UK unemployment rises to 5.1% as Covid lockdown freezes economy
smsfadviser logo
  • Shared by The Guardian
  • February 24, 2021
share this article

With much of the economy still in enforced hibernation, the unemployment rate in the three months to December increased from 5% in November and was up by 1.5 percentage points from a year earlier, according to the Office for National Statistics.

Read more at The Guardian.

Receive the latest Financial Accountant news,
opinion and features direct to your inbox.

related articles