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Unemployment rate creeps up to 4.1% as pandemic takes toll

Unemployment rate creeps up to 4.1% as pandemic takes toll

Business
Britain's unemployment rate rose to 4.1% in the three months to July as the total number of jobless rose by 62,000, the Office for National Statistics said.The jobless rate was the highest in nearly two years and up from 3.9% a month earlier - but is still yet to be fully illustrative of the economic crisis with the Treasury's soon-to-end furlough scheme helping keep the numbers down. Live coronavirus updates from UK and around the world Image: Sandwich chain Pret is among employers cutting jobs during the crisis Meanwhile, payroll data showed that 695,000 fewer people were employed in August compared to March when the UK lockdown started - though after revisions to earlier data that was a smaller number than before.Darren Morgan, dir...