News - London

Virus crisis: 612,000 UK workers lose their jobs during lockdown
Joanne Ray
/ Categories: News, London

Virus crisis: 612,000 UK workers lose their jobs during lockdown

Early estimates from the taxman suggest 163,000 people lost their jobs in May, on top of 449,000 the previous month, as the coronavirus crisis lockdown took its toll on the UK economy. The Office for National Statistics (ONS) said HM Revenue and Customs (HMRC) data covering the number of paid employees suggested a fall of 2% since the country entered effective hibernation in March. 

It released the experimental data as its own figures showed a leap the so-called claimant count - jobless claims applications through Universal Credit.

The ONS recorded a rise of 528,000 - or 23% - last month to 2.8 million. It meant the total had risen by 1.6 million since March.

Find out more here - https://www.msn.com/en-gb/money/other/virus-crisis-612-000-uk-workers-lose-their-jobs-during-lockdown/ar-BB15xT17?ocid=spartan-ntp-feeds 

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