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UK unemployment rate falls despite end of job furlough scheme
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Unemployment in the UK fell in October despite the end of the furlough scheme, according to official figures, as companies continued to hire amid record numbers of staff vacancies.
The Office for National Statistics said the unemployment rate fell to 4.2% in the three months to the end of October, representing about 1.4 million people, down from 4.3% in the three months to the end of September.
Reflecting a continued recovery in the labour market after the end of the Treasury’s multibillion-pound job support scheme in September, it said the number of workers on company payrolls rose by 257,000 in November from a month earlier to stand at 29.4 million – almost half a million higher than pre-Covid levels.
The ONS said it was likely that some
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