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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%.
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
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.
The Office for National Statistics said the unemployment rate fell to a lower-than-expected 3.6% in the three months to July. UK unemployment rate slumps to 48-year low but more Britons quit jobs ...
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]
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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]
In 2022, the United Kingdom's trade with the European Union accounted for 42% of the country's exports and 48% of its imports. [36] The United Kingdom has a highly efficient and strong social security system , which comprises roughly 24.5% of GDP .