The headline labour market figures for employment and unemployment published on 19 May still do not incorporate the impact of the coronavirus pandemic. However, other numbers released today for claimant unemployment, working hours, and vacancies all point to a dramatic negative impact of the crisis.
The experimental single month vacancy estimates include industry detail. Vacancies fell in every sector, with falls of over 85% in the year for construction, motor trades and accommodation and food services. The smallest falls were in ‘key worker’ sectors, with an annual fall of 23% in human health and social work activities.
DWP have announced that, since Universal Credit claims started rising on 16th March, they have taken 2,619,000 individual claims, representing 2,042,560 families.
The number of unemployed young people has risen by 2,000 since last month’s figures, to 516,000. Meanwhile, the number of young Universal Credit or Jobseeker’s Allowance claimants sharply rose last month by 143,077, to 378,139.