Sunak: Jobs data promising but there could be bumps in road

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Ingresó: 2021-06-26 03:34:38
2021-08-18 07:48:29

Sunak: Jobs data promising but there could be bumps in road

 

 

We brought you the latest employment figures from the Office for National Statistics earlier - and they've been welcomed by UK Chancellor Rishi Sunak.

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“Today's figures show that our plan for jobs is working - saving people's jobs and getting people back into work," he says.

"I know there could still be bumps in the road but the data is promising - there are now more employees on payrolls than at any point since March 2020 and the number of people on furlough is the lowest since the scheme launched."

The coronavirus job retention scheme, also known as furlough, was introduced in spring last year, to stop people being laid off by their employers during lockdown.

The government initially paid 80% of the wages of people who couldn't work, or whose employers could no longer afford to pay them - up to a monthly limit of £2,500.

Throughout August and September the government's contribution to the wages of people who are still on furlough has reduced - it now pays 60% and employers pay 20%

The scheme has been extended several times but is finally due to end on 30 September.