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Rising UK unemployment pressures Sunak to renew job support

From reuters.com

Britain’s unemployment rate rose for the first time since the coronavirus lockdown began in March, prompting fresh calls for finance minister Rishi Sunak to extend a job subsidy programme which is due to expire next month. The unemployment rate increased to 4.1% in the three months to July from the 3.9% level it had clung to since early 2020, in line with the average forecast in a Reuters poll of economists. Sunak’s coronavirus job subsidy scheme has shielded millions of workers, and the number of people in employment fell less than feared in the figures published on Tuesday. Although redundancies rose by 48,000 to ... (full story)

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