The number of people employed in the UK dropped by the most since 2009 — a sign the jobs market may face yet more pain from the COVID-19 crisis

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  • Employment in the UK dropped by the most since 2009, signalling that more pain may lay ahead for British-based workers, data released Tuesday showed.
  • The number of UK employees on payrolls fell in July by 730,000 from March, when the COVID-19 crisis had just begun.
  • "The alarm bells couldn't be ringing any louder. Ministers must act now to protect and create jobs," the general secretary of the national federation of trade unions said. 
  • Those claiming unemployment benefits, which includes universal credit and jobseeker's allowance, rose about 117% to 2.7 million in July from March 2020.
  • Visit Business Insider's homepage for more stories.

Jobs in the UK have seen the largest quarterly drop since the 2009 global financial crisis, according to data released by the national statistics agency Tuesday. 

Early indicators showed that the number of employees on payroll in July dropped by 730,000 as compared to March, when the COVID-19 crisis began, the Office of National Statistics said.

See the rest of the story at Business Insider

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