A Quarter of UK Jobs to Be Lost During Coronavirus Lockdown, Study Predicts | WHAT REALLY HAPPENED

A Quarter of UK Jobs to Be Lost During Coronavirus Lockdown, Study Predicts

The United Kingdom is facing a potentially dire economic crash due to the continued national lockdown, implemented to enforce social distancing amid the coronavirus crisis. Unemployment figures could be facing up to a 70% rise in certain sectors.

Unemployment figures could rise by 6.5 million due to the economic crash resulting from the UK’s coronavirus lockdown measures, a new study has revealed on Saturday.

In the research, released by the University of Essex's Institute for Social and Economic Research (ISER), leading professors outline the impact on jobs on a sector-by-sector basis, concluding that the UK could see job losses equalling roughly a quarter of total jobs, with some sectors expected to suffer more than a 50% headcount decline.

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