Continued fall in unemployment rate obscuring 'true scale' of Covid-related jobless

Job vacancies exceed 1m

clock • 2 min read

The UK’s unemployment rate fell further in the May to July period, down 0.3 percentage points to 4.6%, although experts have warned that with the end of the furlough scheme looming, the jobs market remains “in recovery” and the Bank of England may face pressure to act.

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