Unemployment is predicted to rise to a peak of 7.5% - or 2.6 million people - in the second quarter of 2021, according to the OBR.
Delivering his Spending Review, Chancellor Rishi Sunak said nearly £3billion would be provided to Work and Pensions Secretary Therese Coffey to deliver a new three-year "restart programme" to help more than one million people who have been unemployed for more than 12 months to find new work.
After the peak next year, however, jobless numbers are set to fall. The Chancellor said: "Unemployment is then forecast to fall in every year, reaching 4.4% by the end of 2024." The most recent figures show the number of UK workers on payrolls has now fallen by 782,000 between March and October due to the impact of the
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