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UK Unemployment Rises, Redundancies At Record High

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Despite government support measures, the UK unemployment increased in the three months to October and redundancies reached a record high as the coronavirus pandemic weighed on the labor market.

The unemployment rate rose to 4.9 percent in three months to October, the Office for National Statistics reported Tuesday. Economists had forecast the rate to climb to 5.1 percent from 4.8 percent registered in three months to September.

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