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Jobless crisis shows signs of easing but under-25s hit hard

Jobless crisis shows signs of easing but under-25s hit hard

Business
Getty ImagesThe number of workers on company payrolls in the UK climbed by almost 200,000 in the three months to February, amid signs that the jobs market may be stabilising. However, the number on payrolls is still 693,000 lower than last February, before Covid lockdown measures began.People aged under 25 continue to bear the brunt of the job losses, the Office for National Statistics said. It came as the unemployment rate stood at 5%, down from 5.1% previously.Sam Beckett, ONS head of economic statistics, told the BBC's Today programme there was still a lot of uncertainty in the jobs market. "Furlough is still doing a lot of heavy lifting in the labour market. There are around five million people still on furlough, it's down from its peak of nine million but has been rising recently. "Bu...