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UK Jobless Claims Rise At Record Pace

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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The UK jobless claims rose at a record pace in April as lockdown to contain the spread of coronavirus, or Covid-19, took its toll on labor market, data from the Office for National Statistics showed Tuesday.

The number of jobless claims increased by a record 856,500 to hit 2.096 million in April. The claimant count rate rose to a seasonally adjusted 5.8 percent from 3.5 percent a month ago.

The increase was limited by government's Coronavirus Job Retention Scheme, which is currently paying wages to about 7.5 million people.

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