The corona crisis is causing unemployment in Great Britain to rise further. In the fourth quarter, the unemployment rate rose by 0.1 percentage points to 5.1 percent, announced the ONS statistics office in London on Tuesday. That is the highest level in almost five years. In the same quarter of the previous year the rate was 1.3 points lower.
In view of the drastic economic upheavals that the virus crisis and its control are bringing with it, the rise in unemployment is still moderate. The increase is primarily limited by government support programs that are similar to short-time work. The households also receive support payments.
The ONS gives the employment rate for the fourth quarter at 75 percent. That is 0.3 points less than in the third quarter and 1.5 points less than a year earlier. In absolute numbers, employment fell by 114,000 jobs in the final quarter.