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UK Jobless Claims Jump To Highest Since 1996 Amid Covid-19 Pandemic

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UK Jobless Claims Jump To Highest Since 1996 Amid Covid-19 Pandemic

UK unemployment rose to its highest level last month since 1996, the first full month of the government’s coronavirus lockdown.  Data released on Tuesday by the office for national statistics showed the number of claimants rose by nearly nine hundred thousand, to two million.  That represents sixty-nine percent increase and the biggest ever month-on-month leap.

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Britain’s budget forecasters say the country’s unemployment rate could hit 10 percent in the April to June period, even with the government’s decision to pay the wages of millions of workers while they are only temporarily laid off.

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The department of health and social care said on Monday morning, nearly two hundred forty-seven thousand persons across the country have tested positive for covid-19, and the death toll stands at nearly thirty-five thousand.

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