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在线翻译:
szdaily -> World Economy -> 
UK employment suffering virus knock
    2020-10-14  08:53    Shenzhen Daily

U.K. employment took a hit even after the government started to lift restrictions to control the coronavirus as companies stepped up job cuts.

The number of redundancies increases by 227,000 in the June-August period — the most since 2009, the U.K. Office for National Statistics (ONS) said yesterday. Employment fell by 153,000, almost five times the level estimated by economists, and the unemployment rate rose to 4.5 percent, the highest since 2017.

With many more job losses expected in the coming months as state support is scaled back, the figures will raise pressure on the government and the Bank of England to do more to support the economy.

The number of employees on payrolls in September was down 673,000 from March, the ONS said.

Employers hit by the pandemic will see wage subsidies for furloughed workers end this month. Few think its replacement or newly announced support for firms affected by local lockdowns will be enough to avert mass job losses, with some predicting unemployment could surpass 3 million – levels not seen since the 1980s.

“What we’re seeing today is the effect of the tapering of the furlough scheme,” said Josie Dent, an economist at the Center for Economics and Business Research. “August was the first month where employers had to contribute significantly and that will have meant, unfortunately for many, those costs just rose too high.”(SD-Agencies)

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