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Tag: unemployment

London’s economy is expected to suffer a £44 billion hit due to Covid and take until the summer of 2022 before it bounces back, experts said. They said the capital’s economy, which is worth about £460 billion, is expected to shrink by 9.5 per cent this year but grow by...
07.12.2020
A record 314,000 redundancies were recorded in the three months to September as the coronavirus took a further toll on jobs. Figures from the Office for National Statistics (ONS) also showed the unemployment rate rose to 4.8%, its highest level since November 2016 and up from 4.5% the month before....
10.11.2020
The UK unemployment rate has risen to its highest level for two years, official figures show. The unemployment rate grew to 4.1% in the three months to July, compared with 3.9% previously. Young people were particularly hard hit, with those aged 16 to 24 suffering the biggest drop in employment...
15.09.2020
Employment in the UK fell by the largest amount in over a decade between April and June, official figures show. The number of people in work decreased by 220,000 on the quarter, said the Office for National Statistics. This was the largest quarterly decrease since May to July 2009, the...
11.08.2020
UK unemployment fell to its lowest level since January 1975 in the three months to October this year. The number of people out of work fell by 13,000 to 1.281 million, Office for National Statistics (ONS) figures show. The employment rate rose to an all-time high of 76.2%, with an increase...
17.12.2019
UNEMPLOYMENT increased faster in London than in the rest of the UK, according to new figures. The unemployment rate unexpectedly rose to an estimated 4.6% in the June-to-August period, compared to 3.9% nationally. The Office for National Statistics said employment growth had “cooled noticeably”. But the unemployment rate is still close to...
18.10.2019
LATEST figures from the Office for National Statistics outline that the number of people in work in the UK has reached a record high of 32.54 million. Unemployment was flat, with a small increase of 8,000 between September and November for a total of 1.37 million. Average earnings excluding bonuses...
27.01.2019
UK unemployment has reduced by 47,000 to 1.36 million within the last three months, official statistics show. In the last three month period, wages despite bonuses increase by 3.1% in comparison with last year, the Office for National Statistics (ONS) has noted that this is their fastest pace in the...
24.10.2018
UK unemployment has reduced by 47,000 to 1.36 million within the last three months, official statistics show. In the last three month period, wages despite bonuses increase by 3.1% in comparison with last year, the Office for National Statistics (ONS) has noted that this is their fastest pace in the...
16.10.2018
Turkey’s unemployment rate remained unchanged at 10.2 percent in June from the same month of 2017, the country’s statistical authority announced on Sept. 17. Thus, the unemployment rate increased to double digits again after falling to 9.7 percent in May. Official data showed that seasonally unemployment rate was 10.9 percent with a 0.3 percentage point increase in June. The...
18.09.2018
UK unemployment decreased by 65,000 to 1.36 million in three months to June – the lowest for more than 40 years, official figures from the Office for National Statistics (ONS) show. They also show a rise in productivity, but a slowdown in wage growth. Wages, excluding bonuses, grew by 2.7%...
22.08.2018
WAGE growth surprisingly dropped to 2.8% from 2.9% within the last three months since April, although unemployment decreasing by 38,000 to 1.42 million, official figures illustrate. Economists had predicted wage growth to continue steady at 2.9%. The declaration is possible to dampen assumptions of an interest rate increase in August....
18.06.2018
Turkey’s unemployment rate stood at 10.8 percent in January, down 2.2 percentage points from same month last year, the country’s statistical authority announced on April 16. The seasonally adjusted unemployment rate was 9.9 percent in the January period without any change compared to the previous period. Unemployment in December 2017...
17.04.2018
Unemployment in the UK fell by 57,000 in the three months to June, official figures show, bringing the jobless rate down to 4.4% - its lowest since 1975.
17.08.2017
Turkey’s unemployment rate declined to 10.5 percent in the April period, which covered data from March to May, falling further from a seven-year high at the start of the year but up from 9.5 percent a year earlier, official data showed on July 17.
18.07.2017