Commenting on the UK labor market report released in the last hour, the British Work and Pensions Secretary Therese Coffey said, “we don’t have the full picture on jobs for another month.” She added that “our department can cope with this.” Separately, ONS Deputy National Statistician for Economic Statistics Jonathan Athow said, “While only covering the first weeks of restrictions, our figures show COVID-19 is having a major impact on the labor market. In March employment held up well, as furloughed workers still count as employed, but hours worked fell sharply in late March, especially in sectors such as hospitality and construction.” “Through April, though, there were signs of falling employment as real-time tax data show the number of employees on companies’ payrolls fell noticeably, and vacancies were sharply down too, with hospitality again falling steepest,” he added. UK Govt announces GBP30 billion tariff cuts after Brexit GBP/USD jumps as UK March Unemployment Rate unexpectedly drops to 3.9% FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Vietnam: External headwinds likely to weigh on growth – Standard Chartered FX Street 2 years Commenting on the UK labor market report released in the last hour, the British Work and Pensions Secretary Therese Coffey said, “we don't have the full picture on jobs for another month.” She added that “our department can cope with this.” Separately, ONS Deputy National Statistician for Economic Statistics Jonathan Athow said, "While only covering the first weeks of restrictions, our figures show COVID-19 is having a major impact on the labor market. In March employment held up well, as furloughed workers still count as employed, but hours worked fell sharply in late March, especially in sectors such as hospitality and… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
