The number of people claiming unemployment benefit in the UK jumped by 856,500 in the month of April, to over 2 million. The newly published ONS data. Jagjit Chadha of the National Institute of Economic and Social Research said that it can be expected that unemployment will quickly reach rise to “something over 10 per cent – something we haven’t seen since the early 1990s.” (BBC)
Unemployment surges
The number of people claiming unemployment benefit in the UK jumped by 856,500 in the month of April, to over 2 million. The newly published ONS data. Jagjit Chadha of the National Institute of Economic and Social Research said that it can be expected that unemployment will quickly reach rise to “something over 10 per cent – […]