Economics
U.K. Jobs Crisis Worsens as Employment Drops Most Since 2009
- Jobs slide by 220,000 in 2Q, payrolls down 730,000 since March
- Data Wednesday to show U.K. in biggest economic slump of G-7
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Britain’s mounting labor market crisis was underscored by a 220,000 slump in employment during the height of the coronavirus lockdown, the worst decline since the global financial crisis.