Home » Economy » Coronavirus takes toll on UK employment as number of working fall most since 2009
Coronavirus takes toll on UK employment as number of working fall most since 2009
England begins to reopen after coronavirus lockdown
Fox News’ Greg Palkot reports on the UK government encouraging people to go back to work if they cannot work remotely.
LONDON - The number of people in work in Britain fell by the most since 2009 in the three months through June as the coronavirus crisis took a heavy toll on the labour market, even with the government’s huge jobs protection scheme still in place.
Continue Reading Below
Led by a record plunge in self-employed workers, there were 220,000 less people employed in the second quarter, the Office for National Statistics said.
Separate tax data for July showed that the number of staff on company payrolls had fallen by 730,000 since March, sounding the alarm about a potentially much bigger rise in joblessness.UK CORONAVIRUS DEATH TOLL APPEARS TO OVERTAKE ITALY TO BECOME HARDEST-HIT COUNTRY IN EUROPE
Mounting job losses are expected as Britain winds down its job retention scheme which protects employees. It is due to close at the end of October.
“The cracks evident in the latest batch of labour market data are likely to soon turn into a chasm,” said Ruth Gregory, senior economist at Capital Economics.
British finance minister Rishi Sunak said the figures showed the government’s support programmes were working but job losses were inevitable.
“I’ve always been clear that we can’t protect every job, but … we have a clear plan to protect, support and create jobs to ensure that nobody is left without hope,” he said.