A measure of the number of people claiming unemployment benefits in Britain leapt to its highest level since 1996 in April, the first full month of the government's coronavirus lockdown, data published on Tuesday showed.
LONDON - A measure of the number of people claiming unemployment benefits in Britain leapt to its highest level since 1996 in April, the first full month of the government’s coronavirus lockdown, data published on Tuesday showed.
The surge would have been even sharper without a government programme to pay 80% of the wages of workers put on temporary leave by their employers, who do not count towards the unemployment total. A Reuters poll of economists had produced a median forecast for a leap of 676,500 in the claimant count, with forecasts ranging widely from just over 56,000 to as high as 1.5 million.
Vacancies fell by the most on record in the February-April period, down 170,000 to 637,000, with hospitality job openings falling the most. Employment grew by 211,000 in the first three months of the year compared with a forecast for jobs growth of 50,000 in the Reuters poll.
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