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| Seven charts on the coronavirus jobs market | Seven charts on the coronavirus jobs market |
| (32 minutes later) | |
| Millions of people across the UK have had their working lives upended because of the coronavirus pandemic. | Millions of people across the UK have had their working lives upended because of the coronavirus pandemic. |
| While many are working from home, others have been furloughed for weeks or even made redundant. | While many are working from home, others have been furloughed for weeks or even made redundant. |
| So who has been affected most to date by job losses? And which sectors have been worst hit? | So who has been affected most to date by job losses? And which sectors have been worst hit? |
| Jump in benefit claims | Jump in benefit claims |
| The UK unemployment rate was estimated at 3.9% between January and the end of March. | The UK unemployment rate was estimated at 3.9% between January and the end of March. |
| That's slightly down on the previous period, according to the Office for National Statistics (ONS). | That's slightly down on the previous period, according to the Office for National Statistics (ONS). |
| The full extent of the impact of lockdown measures on the UK jobs market won't be known for some time, given that these new figures only cover a few days after the restrictions were introduced on 23 March. | The full extent of the impact of lockdown measures on the UK jobs market won't be known for some time, given that these new figures only cover a few days after the restrictions were introduced on 23 March. |
| But separate figures from the ONS show that more people have been forced to claim unemployment benefit. | But separate figures from the ONS show that more people have been forced to claim unemployment benefit. |
| The claimant count in April went up by 856,500 to 2.1 million. | The claimant count in April went up by 856,500 to 2.1 million. |
| This figure doesn't include everyone who is out of work, since not all can claim assistance, but it does provide a snapshot. | This figure doesn't include everyone who is out of work, since not all can claim assistance, but it does provide a snapshot. |
| Young people hardest hit | Young people hardest hit |
| Young workers seem to have been most impacted by lockdown measures so far. | Young workers seem to have been most impacted by lockdown measures so far. |
| New research by the Resolution Foundation think-tank suggests that 9% of those aged between 18 and 24 have lost their jobs altogether, the highest of any age group. | New research by the Resolution Foundation think-tank suggests that 9% of those aged between 18 and 24 have lost their jobs altogether, the highest of any age group. |
| Meanwhile, a previous study by the Institute for Fiscal Studies (IFS) found that under-25s are nearly two-and-a-half times more likely to work in a shutdown area under the virus lockdown. | Meanwhile, a previous study by the Institute for Fiscal Studies (IFS) found that under-25s are nearly two-and-a-half times more likely to work in a shutdown area under the virus lockdown. |
| The IFS said that young people, women and the lowest earners will be most affected economically by the pandemic. | The IFS said that young people, women and the lowest earners will be most affected economically by the pandemic. |
| Fewer hours worked | Fewer hours worked |
| UK workers are clocking fewer hours as parts of the economy came to a standstill after lockdown measures were introduced on 23 March. | UK workers are clocking fewer hours as parts of the economy came to a standstill after lockdown measures were introduced on 23 March. |
| The total number of weekly hours worked recently saw its largest annual fall in 10 years. | The total number of weekly hours worked recently saw its largest annual fall in 10 years. |
| Estimates based on returns for single weeks suggest that this was mostly down to the fall in hours in the last week of March, with a much smaller decrease in the previous week, the ONS said. | Estimates based on returns for single weeks suggest that this was mostly down to the fall in hours in the last week of March, with a much smaller decrease in the previous week, the ONS said. |
| In the final week of March, the total number of hours worked was about 25% fewer than in other weeks in the same quarter. | In the final week of March, the total number of hours worked was about 25% fewer than in other weeks in the same quarter. |
| Sector shutdown | Sector shutdown |
| Many staff have been furloughed in sectors that have been forced to shut down during the coronavirus pandemic. | Many staff have been furloughed in sectors that have been forced to shut down during the coronavirus pandemic. |
| Those include retail, leisure and hospitality, where a high proportion of women work. | Those include retail, leisure and hospitality, where a high proportion of women work. |
| The largest proportion of the workforce being furloughed was recorded in accommodation and food service activities, which includes hotels and restaurants. | The largest proportion of the workforce being furloughed was recorded in accommodation and food service activities, which includes hotels and restaurants. |
| That was followed by those working in the administrative services and manufacturing, according to one ONS survey. | That was followed by those working in the administrative services and manufacturing, according to one ONS survey. |
| North East sees most out of work | North East sees most out of work |
| The coronavirus lockdown has caused severe disruption to business activity across the UK. | The coronavirus lockdown has caused severe disruption to business activity across the UK. |
| Some parts of the country will feel the negative effect on their local economies more than others. | Some parts of the country will feel the negative effect on their local economies more than others. |
| The North East of England had the highest unemployment rate estimate for the three months to the end of March at 5.4%. | The North East of England had the highest unemployment rate estimate for the three months to the end of March at 5.4%. |
| The largest rise in the unemployment rate on the previous quarter was seen in the West Midlands and Scotland, both at 0.6 percentage points. | The largest rise in the unemployment rate on the previous quarter was seen in the West Midlands and Scotland, both at 0.6 percentage points. |
| One report by the Centre for Cities found that the economic pain inflicted by Covid-19 will be felt unequally across the UK, with workers in more affluent areas such as the South East able to work from home, for example. | One report by the Centre for Cities found that the economic pain inflicted by Covid-19 will be felt unequally across the UK, with workers in more affluent areas such as the South East able to work from home, for example. |
| The coronavirus crisis risks widening regional inequalities, and frustrating government efforts to "level up" prosperity across the UK, it suggests. | The coronavirus crisis risks widening regional inequalities, and frustrating government efforts to "level up" prosperity across the UK, it suggests. |
| Job vacancies dip | Job vacancies dip |
| The estimated number of vacancies in the UK fell sharply during the 2008 financial crisis. | The estimated number of vacancies in the UK fell sharply during the 2008 financial crisis. |
| Since 2012, they've generally been on the up, reaching a record high of 855,000 between November 2018 and January 2019. | Since 2012, they've generally been on the up, reaching a record high of 855,000 between November 2018 and January 2019. |
| But between February and April, there were an estimated 637,000 vacancies in the UK, 170,000 fewer than in the previous quarter. | But between February and April, there were an estimated 637,000 vacancies in the UK, 170,000 fewer than in the previous quarter. |
| New research by the IFS suggests that workers across the board could have fewer options due to the coronavirus pandemic. | New research by the IFS suggests that workers across the board could have fewer options due to the coronavirus pandemic. |
| Having analysed jobs posted on the Department for Work and Pensions' (DWP) website in real-time, it found that they had started to drop off around mid-March. | Having analysed jobs posted on the Department for Work and Pensions' (DWP) website in real-time, it found that they had started to drop off around mid-March. |
| By the time the lockdown was announced, firms had stopped posting new vacancies almost entirely. New postings on 25 March were just 8% of their 2019 levels. | By the time the lockdown was announced, firms had stopped posting new vacancies almost entirely. New postings on 25 March were just 8% of their 2019 levels. |
| Global workforce | Global workforce |
| Following the financial crisis, global unemployment increased by 22 million, according to the International Labour Organization. | Following the financial crisis, global unemployment increased by 22 million, according to the International Labour Organization. |
| A previous study by the group found that the majority of those job losses occurred across more developed economies. | |
| But the coronavirus crisis has disrupted supply chains around the world in a way never seen before. | But the coronavirus crisis has disrupted supply chains around the world in a way never seen before. |
| As some governments begin lifting lockdown restrictions, it remains to be seen what the full impact on the jobs market will be. | As some governments begin lifting lockdown restrictions, it remains to be seen what the full impact on the jobs market will be. |
| In the United States, the number of people seeking unemployment benefits jumped by almost 3 million in one week amid virus shutdowns. | In the United States, the number of people seeking unemployment benefits jumped by almost 3 million in one week amid virus shutdowns. |
| The total number of new jobless claims since the middle of March now stands at 36 million - nearly a quarter of the American workforce. | The total number of new jobless claims since the middle of March now stands at 36 million - nearly a quarter of the American workforce. |
| The weekly figures have been falling since the end of March but remain massive by historical standards. | The weekly figures have been falling since the end of March but remain massive by historical standards. |
| The Organisation for Economic Co-operation and Development (OECD) has said that for many, recession is "unavoidable". | The Organisation for Economic Co-operation and Development (OECD) has said that for many, recession is "unavoidable". |