UK worker numbers have rebounded further in July as the labour market recovery continued despite the initial winding down of the furlough scheme, according to official figures. The Office for National Statistics (ONS) revealed that the number of UK workers on payrolls rose by 182,000 between June and July, although at 28.9 million it is still 201,000 lower than before the pandemic struck. The statistics body also confirmed that the rate of unemployment had dipped to 4.7 percent for the three-month period to the end of June. Analysts had predicted that the unemployment rate would stay flat at 4.8 percent for the quarter. The ONS also reported a further surge in job vacancies as firms seek to fill roles following the reopening of the economy, rising by more than 290,000 against the previous quarter. It added that, at 953,000, the number of vacancies was the highest estimated figure since records …
UK Worker Numbers Rise Further Despite Furlough Support Winding Down
August 17, 2021
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