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.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.