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U.K. unemployment rose in July despite lockdown lifting, with more job losses likely


Unemployment in the U.K. has risen in the three months to July, the latest official data published Tuesday showed, despite this period marking the beginning of looser restrictions. The headline unemployment rate for May to July stood at 4.1%, up from the 3.9% figure seen in the previous three month period, which covered the start of the U.K.‘s lockdown that began in late March, the U.K.’s Office for National Statistics (ONS) said. Estimates indicated that 32.98 million people aged 16 years and over were in employment between May and July, 202,000 more than a year earlier, but down 12,000 from the previous quarter. The annual increase was mainly driven by more women in employment, the ONS noted.

CNBC - September 15, 2020

View the full story here: https://www.cnbc.com/2020/09/15/uk-unemployment-rate-rose-to-4point1percent-in-july-as-lockdown-impact-hit-home.html