Economics

U.K.’s Lockdown Jobless Rate Was Probably Higher Than Estimated

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U.K. unemployment data covering the months of the pandemic could be revised higher after the Office for National Statistics identified that restrictions to control the coronavirus led to a quirk in their collection methods.

With researchers no longer being able to knock on doors to collect data, the ONS found its survey included a higher proportion of owner occupiers, and fewer renters, than before the crisis, leading to a potentially less representative sample. As a result, past and future releases covering employment, unemployment and economic inactivity will be reweighted.