UK sheds further 114 000 jobs in July - official data - News Summed Up

UK sheds further 114 000 jobs in July - official data


The devastating effects of Covid-19 continue to eat away at jobs in the UK as a total of 73 000 jobs have been shed since March. The latest official data from July reveals 114 000 jobs were lost during that month. The number of workers on UK company payrolls slumped by a further 114 000 in July from June on fallout from the coronavirus pandemic, official data showed on Tuesday. UK companies - from major retailers to airlines - are axing thousands of jobs despite government efforts to safeguard employment during the pandemic. Finance minister Rishi Sunak plans to end the furlough scheme in October.


Source: News 24 August 11, 2020 09:00 UTC



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