Over 600,000 out of work in Britain as Covid-19 slams job market

Staff arrive for work at the Harrods store in London, as it reopens on June 15 after 3 months’ closure.

The furlough scheme is due to run until the end of October although employers have to make contributions to the cost of paying their temporarily laid-off workers from August. In a more up-to-date sign of how the coronavirus lockdown is affecting the labour market, experimental figures, based on tax data, showed the number of people on company payrolls fell by 612,000 in April and May.That left the number of paid employees 2.1% lower than in March, the ONS said.

Johnson and finance minister Rishi Sunak are also reportedly considering increasing a tax incentive for small firms to hire workers, and suspending social security payments by employers.

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