More than 600,000 lose jobs in UK
Some shops may be starting to open… with long lines forming in places. But much of the UK economy remains in lockdown.And the toll on employment is starting to show. New figures Tuesday (June 16) showed company payrolls down by over 600,000 in April and May. Job vacancies also plunged by the most on record. But the unemployment rate unexpectedly held steady at 3.9%. A big jump had been forecast, but it seems a government-funded furlough scheme has stopped any big surge, for now. Economist
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