Search results
Results from the WOW.Com Content Network
In the three-month figures (July to September 2022) [4] [needs update] the unemployment rate was estimated at 3.6%, which is 0.2 percentage points lower than the previous three-month period. The ONS said the employment rate , or percentage of people in work for those aged between 16 and 64, was estimated to be 75.5%.
Mick Lynch at RMT solidarity strike rally at London Kings Cross, 25 June 2022. Following a ballot of National Union of Rail, Maritime and Transport Workers members over whether to take industrial action, it was announced on 24 May 2022 that they had voted in favour of strike action, paving the way for the UK's first national rail strike for three decades. [1]
The Unemployment Insurance Act 1920 created the dole system of payments for unemployed workers in the United Kingdom. [8] The dole system provided 39 weeks of unemployment benefits to over 11,000,000 workers—practically the entire civilian working population except domestic service, farmworkers, railway men, and civil servants.
According to The Economist, in 2015 roughly 2% of welfare expenditure in the UK was spent on unemployment benefits; the bulk was spent in other areas. [21] The average number of claimants between the years 2003 and 2008 was 814,000 and average number of new claims was approximately 2,463,000. [22]
The ONS said the jobless rate jumped to 4.2% in the three months to February, up from 3.9% in the three months to January.
A 2022 Freedom of Information request to the British Business Bank, the state-run body administering the bounce back loan scheme, found that almost one fifth, or 193,000 businesses had failed to meet their repayment terms as at 27 June 2022. [31] The UK government estimated that £4.9 billion of bounce back loans may have been lost to fraud. [32]
Tube Strike sign at Paddington. London Underground strikes are an intermittent part of life in the capital of the United Kingdom. Described as "one of Britain's most strike-prone industries", [1] the London Underground has been subject to travel disruption due to industrial action organised by the National Union of Rail, Maritime and Transport Workers (RMT), ASLEF and other unions, in response ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!