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Manufacturers report biggest rise in optimism for decades as restrictions ease
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Manufacturers report biggest rise in optimism for decades as restrictions ease
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Manufacturers report biggest rise in optimism for decades as restrictions ease
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Manufacturers report biggest rise in optimism for decades as restrictions ease
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Britain’s unemployment rate eased back further in February and job vacancies surged as firms prepared to reopen after lockdown in a sign of hope for the battered jobs market.
The Office for National Statistics (ONS) said the jobless rate fell to 4.9% between December and February, down from 5% in the previous three months.
Most experts had expected it to rise to 5.1%.
But the figures also showed the number of workers on UK payrolls fell by 56,000 in March after three months of increases, as the pandemic continued to take its toll.
Overall there were 813,000 fewer workers on payrolls than in March 2020, with more than half of those – 436,000 – aged under 25.