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October 13, 2021

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UK jobless rate falls on reopening

Britain’s unemployment rate eased as the economy reopened, but vacancies hit another record peak before the end of the government’s furlough jobs support scheme, data showed yesterday.

The unemployment rate dropped to 4.5 percent in the three months to August, the Office for National Statistics said in a statement.

That compared with 4.6 percent in the three months to the end of July, but remained 0.5 percentage points higher than before the pandemic.

“The jobs market has continued to recover from the effects of the coronavirus,” said ONS economic statistics director Darren Morgan.

Vacancies however surged to almost 1.2 million in September, reflecting ongoing labor shortages.

The economy has been blighted by shortages particularly in the haulage sector, sparking major delivery problems, empty supermarket shelves and a motor fuel crisis.


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