Reuters exclusively reported that the end of Britain’s furlough program has not led to a surge in new jobseekers, according to data that suggests unemployment is unlikely to rise sharply and could bolster the case for a Bank of England interest rate hike. Research by recruitment website Indeed, shows only a small increase in the proportion of British workers who say they are urgently looking for a new job. So far there have been no official figures on what has happened to workers who were still on furlough when the scheme ended on Sept. 30.
Business & Finance
Reuters exclusively reports no rush of jobseekers after end of UK furlough
02 November 2021, 4:08 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & FinanceEquities
Regions: Europe
Countries: England
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story