The number of people in work in the UK fell by 153,000 on quarter to 32.59 million in the three months to August of 2020, compared to forecasts of a 30 thousand fall. It marks the 4th straight decrease in employment, bringing the total to 511 thousand job losses since the coronavirus pandemic started although the government’s furlough scheme, under which it subsidizes wages, prevented further job cuts. There were also around 192,000 people away from work because of the pandemic and receiving no pay in June to August 2020, this has fallen from 419,000 in April to June 2020. source: Office for National Statistics
Employment Change in the United Kingdom averaged 42.22 Thousand from 1971 until 2020, reaching an all time high of 311 Thousand in March of 2014 and a record low of -279 Thousand in May of 2009. This page provides - United Kingdom Employment Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Employment Change in the United Kingdom is expected to be 10.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Change in the United Kingdom to stand at 25.00 in 12 months time. In the long-term, the United Kingdom Employment Change is projected to trend around 50.00 Thousand in 2021 and 30.00 Thousand in 2022, according to our econometric models.