UK jobless claims jump to highest since 1996 as COVID crisis hits

LONDON: The number of people claiming unemployment benefits in Britain soared to its highest level since 1996 in April, the first full month of the government’s coronavirus lockdown, data published on Tuesday showed.

The claimant count rose by 856,500 — the biggest ever month-on-month leap — to 2.097 million, a 69% increase, the UK Office for National Statistics said.

Advertisment

A forecast for a leap of 676,500 in the claimant count with forecasts ranging widely from just over 56,000 to as high as 1.5 million.

The surge would have been even sharper without a government programme to pay 80% of the wages of workers put on temporary leave by their employers, who do not count towards the unemployment total.

“While only covering the first weeks of restrictions, our figures show COVID-19 is having a major impact on the labour market,” the ONS’s Deputy National Statistician, Jonathan Athow, said.

Experimental data for jobs in April, based on tax figures, showed the number of people on companies’ payrolls fell by 1.6% from March and were 1.2% lower than a year before.

“Vacancies were sharply down too, with hospitality again falling steepest,” Athow said.

Read more: US drug regulator suspends Gates-backed at-home COVID-19 testing program

Subscribe
Notify of
0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments