Unemployment rate increased to 5% between September and November 2020
29 January 2021
The figures released by the Office for National Statistics (ONS) relating to the period between September and November 2020 highlight the fact that unemployment has risen, and now stands at its highest level in five years. Experts in the industry believe that, unfortunately, it could potentially climb even higher.
Between September and November 2020, the estimated UK unemployment rate was 5%, and this is 1.2% higher than in the same period in the previous year. It also signals a 0.6% increase from the previous quarter, as it has risen by 202,000 in three months.
The unemployment figure during the period equated to 1.72 million people.
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