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Jobless rate drops and payroll workers rise as lockdown lifts

Jobless rate drops and payroll workers rise as lockdown lifts
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UK economy in recovery mode before lockdown easing - Newspaper

LONDON: In this April 12 photo, a woman is seen walking inside a shop on Oxford street as the coronavirus disease restrictions ease. Reuters LONDON: Britain’s economy began to recover strongly at the end of the first quarter despite only minor easing of lockdowns, official data revealed on Wednesday. Gross domestic product jumped 2.1 per cent in March, the Office for Nat­ional Statistics said, although by not enough for the UK economy to avoid contracting overall in the first quarter. GDP shrank by 1.5pc in the first three months of 2021 compared with the final quarter last year, the ONS said.

UK economy contracts 1 5% in first quarter, but rebounds in March | Burnham and Highbridge Weekly News

Coronavirus restrictions saw the UK economy contract at the start of 2021 but the hit was smaller than first feared as growth rebounded in March, according to official figures. The Office for National Statistics (ONS) revealed that gross domestic product (GDP) – a measure of the size of the economy – fell by 1.5% between January and March as lockdown took its toll. A resilient performance in March helped soften the blow, with GDP rising by a better-than-expected 2.1% month on month – the fastest growth since August 2020 – despite restrictions remaining firmly in place. The ONS said the reopening of schools in March and solid retail spending helped drive the recovery.

UK economy contracts 1 5% in first quarter, but rebounds in March | Bradford Telegraph and Argus

Coronavirus restrictions saw the UK economy contract at the start of 2021 but the hit was smaller than first feared as growth rebounded in March, according to official figures. The Office for National Statistics (ONS) revealed that gross domestic product (GDP) – a measure of the size of the economy – fell by 1.5% between January and March as lockdown took its toll. A resilient performance in March helped soften the blow, with GDP rising by a better-than-expected 2.1% month on month – the fastest growth since August 2020 – despite restrictions remaining firmly in place. The ONS said the reopening of schools in March and solid retail spending helped drive the recovery.

UK economy contracts 1 5% in first quarter, but rebounds in March | Harwich and Manningtree Standard

Coronavirus restrictions saw the UK economy contract at the start of 2021 but the hit was smaller than first feared as growth rebounded in March, according to official figures. The Office for National Statistics (ONS) revealed that gross domestic product (GDP) – a measure of the size of the economy – fell by 1.5% between January and March as lockdown took its toll. A resilient performance in March helped soften the blow, with GDP rising by a better-than-expected 2.1% month on month – the fastest growth since August 2020 – despite restrictions remaining firmly in place. The ONS said the reopening of schools in March and solid retail spending helped drive the recovery.

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