Economics

U.K. Labor Market Weakens With Unexpected Drop in Payrolls

  • Unemployment claims rise more than expected despite furlough
  • About 80,000 people dropped out of the workforce entirely
Photographer: Jason Alden/Bloomberg
Lock
This article is for subscribers only.

Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.

The U.K. labor market weakened unexpectedly, with company payrolls falling for the first time in four months and more people dropping out of the workforce.