UK payrolls down 649,000 during Covid-19 lockdown - ONS

2.6 million claiming work-related benefits

Jenna Brown
clock
The ONS said lockdown had markedly "weakened" the labour market.
Image:

The ONS said lockdown had markedly "weakened" the labour market.

The number of workers on the payroll in the UK fell by 649,000 between March and June as lockdown measures took their toll on the economy, official figures from the Office for National Statistics (ONS) revealed.

In June, 649,000 fewer people were in paid employment when compared with March and 74,000 fewer when compared with May 2020. The ONS said lockdown had markedly "weakened" the labour market. The number...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Andrew Bailey questioned before Treasury Committee

Energy prices and labour supply threaten financial stability, Andrew Bailey warns

Treasury Committee meeting addresses inflation

Georgie Lee
clock 20 January 2022 • 2 min read
The largest inflation contributors were housing and household services, and transport

'Back to the nineties': Industry reacts as UK inflation reaches 30-year high

Inflation at highest level since March 1992

Lauren Mason
clock 19 January 2022 • 4 min read
House of Lords report: Digital pound could lead to run on banks

House of Lords report: Digital pound could lead to run on banks

Lords Economic Affairs Committee report

Jenny Turton
clock 13 January 2022 • 2 min read