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DATE: Nov. 10, 2020, 5:48 p.m.

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  1. UK unemployment rate rises to 4.8%: official data
  2. 'Redundancies have reached a record high,' says report
  3. London: Britain's unemployment rate has jumped to 4.8 per cent as the coronavirus pandemic destroys a record number of UK jobs, official data showed Tuesday.
  4. The reading for the third quarter compared with an unemployment rate of 4.5 per cent for June-August, the Office for National Statistics said in a statement.
  5. "The employment rate has been decreasing since the start of the coronavirus pandemic, while the unemployment rate is now rising sharply," the ONS said.
  6. "Redundancies have reached a record high," it added.
  7. Since the start of the UK pandemic in March, the number of payroll employees has dived by 782,000, the data showed.

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