UK jobless rate falls slightly to 4.8 pct in Q1 amid lockdown
Xinhua
19 May 2021, 02:05 GMT+10
LONDON, May 18 (Xinhua) The unemployment rate in Britain fell slightly to 4.8 percent in the first quarter (Q1) amid the nationwide COVID-19 lockdown, the British Office for National Statistics (ONS) said Tuesday. The level of 4.8 percent in Q1 was 0.8 percentage points higher than the pre-pandemic period from December 2019 to February 2020, but 0.3 percentage points lower than the previous quarter, said the ONS. Meanwhile, the employment rate across Britain was estimated at 75.2 percent in Q1, 1.4 percentage points lower than before the pandemic (December 2019 to February 2020) but 0.2 percentage points higher than the previous quarter, increasing for the first time since December 2019 to February 2020, the data revealed.
UK jobless rate falls slightly to 4 8 pct in Q1 amid lockdown - World News
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UK GDP falls 1 5 pct in Q1 but rebounds after lockdown eased in March: ONS - World News
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UK GDP falls 1.5 pct in Q1 but rebounds after lockdown eased in March: ONS
Xinhua
13 May 2021, 02:05 GMT+10
LONDON, May 12 (Xinhua) Britain s gross domestic product (GDP) recorded a 1.5 percent quarterly shrink in the first quarter (Q1) this year amid lockdown measures, but the economic output rebounded in March after COVID-19 restrictions eased, the British Office for National Statistics (ONS) said Wednesday. The level of GDP in Q1 fell by 6.1 percent when compared with the same quarter a year ago and is 8.7 percent below where it was before the pandemic at Q4 (October to December) 2019, said the ONS. However, the economy was estimated to grow by 2.1 percent in March 2021, the fastest monthly growth since August 2020, as schools in some parts of the country reopened throughout the month, said the ONS.
April 29, 2021 | Buy Pants
Garth Turner A best-selling Canadian author of 14 books on economic trends, real estate, the financial crisis, personal finance strategies, taxation and politics.
Nationally-known speaker and lecturer on macroeconomics, the housing market and investment techniques. He is a licensed Investment Advisor with a fee-based, no-commission Toronto-based practice serving clients across Canada.
A social phenom, wrought by the virus, has rocked real estate. Thus, houses in Woodstock, Kamloops, Windsor and Sechelt have gone nuts. Lots of people think they’ll never have to visit the office again. So they moved to the boonies where real estate was cheap. And that’s made houses everywhere go parabolic.