Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. A day after vaccine optimism sent global stock markets to record highs, the latest UK labour market report is showing the severe economic damage caused by the pandemic. Figures just released by the Office for National Statistics show that the UK unemployment rate has jumped to 4.8% in the three months to September -- with over 1.6 million people now out of work.
I'm afraid this is only the start, the reverberations of this appalling course of action by BorisJohnson will be felt for a generation. Disgraceful.
dontbetyet Hardly surprising, is it, lockdown lovers.
Will be interesting to see the industry split, i.e Hospitality vs most other sectors. What's down the line in regards to real re-training for jobs that are even there?
So 1/2 that of France and the EU?
Lockdown going well then.
Don't forget only last week Suank denied those 1.75 million people made redundant by his rules a way back from penury by setting September 23rd as the date to allow re furlough. He has driven families into poverty and homelessness.
That will be doubled by April 2021 - but that’s the ‘will of the people’ for you...
It would have been higher if not for Covid
nice
Didn't take long for the rag to shout this from the roof tops. As usual highlighting the negative. Nothing positive. NOTHING TO OFFER
Just wait until Brexit hits, 0% baby 🤦🏾♂️