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UK unemployment rate falls

Christian Fernsby |
The UK unemployment rate fell to 4.9 per cent in the three months to February.

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But there are now more than 800,000 fewer workers on company payrolls than before the pandemic, official figures show.

As businesses adapted to lockdown measures put in place at the start of the year, the jobless rate fell slightly from 5 per cent - the first time the quarterly rate has declined since 2019.

Monthly figures revealed a decline in the number of workers on company payrolls as businesses prepared to reopen after lockdown.

The number of payrolled workers dropped by 56,000 between February and March, meaning there were 813,000 fewer workers on payrolls than in March 2020.

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