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UK unemployment hits highest level in 5 years, but government support limits pain during new COVID lockdowns

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The UK unemployment rate hit its highest level in 5 years in the three months to November, official figures showed on Tuesday, although the government’s wage-subsidy scheme kept joblessness lower than in other countries.

Unemployment rose to 5% over the period, the Office for National Statistics said, up from 3.8% a year earlier and 4.9% in the three months to October. It was the highest figure since early 2016 but below analysts’ predictions of 5.1% in a Reuters poll.

Separate figures from the ONS showed that there were 828,000 fewer payroll employees in December 2020 than details ⇒

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