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UK unemployment rate rises

The UK's unemployment rate rose to 4.8% in the three months to September, up from 4.5%, as coronavirus continued to hit the jobs market.
 
Redundancies rose to a record high of 314,000 in the same period.
 
The Office for National Statistics says firms made more workers redundant in anticipation of the end of the furlough scheme, which was originally supposed to finish at the end of October.
 
It has now been extended until the end of March.
 
Analysts say the extension had come too late to save some jobs and further big rises in unemployment are likely in the coming months.
 


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