UK jobless claims jump to highest since 1996 as COVID hits

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UK jobless claims jump to highest since 1996 as...
 © In-Cyprus 2020
The number of people claiming  unemploy ment benefits in Britain leapt in April to its highest level in nearly 24 years, giving the clearest sign yet of the hit from the coronavirus to jobs which is set to deepen in the coming months.

Data published on Tuesday showed the claimant count rose by 856,500 — the biggest ever month-on-month jump — to 2.1 million, a 69% increase from March.

It was the highest level since July 1996, when Britain’s economy was still recovering from a deep recession caused by its failed bid to stay in the European Exchange Rate...


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This article was automatically added to our system 19-5-2020

UK jobless claims jump to highest since 1996 as COVID hits


The contents of this article including any associated images are © In-Cyprus 2020
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Article Tags: jobless, claims, highest, since, covid,