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UK Employment Declines Most Since Global Financial Crisis

UK employment declined the most since the global financial crisis of 2009 as the coronavirus pandemic took its toll on the labor market, data from the Office for National Statistics showed Tuesday.

As the lockdown and social distancing to curb the spread of the Covid-19 weighed on job creation, employment declined by 220,000 from the previous quarter to 32.92 million in the second quarter.

The employment rate dropped 0.2 percentage points to 76.4 percent in the June quarter.

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by RTTNews Staff Writer

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