The number of UK jobs rising again after a furlough scheme, easing boE worries

The number of UK jobs rising again after a furlough scheme, easing boE worries ...

- Britain's employers added more workers to their salaries in October after the government's job-protecting furlough scheme ended, while the bank of England was worried about the risks of raising interest rates.

The number of employees on company payrolls rose by 160,000 to 29.3 million last month, the unemployment rate dropped by more than usual.

The Bank of England is eagerly looking at how the labour market continues after the expiration of the scheme, with an estimated 1 million people still on it in its final days.

The Office for National Statistics said it was possible that those who are employed until the end of the furlough scheme would continue to appear as in the data job a few more months while they worked out their notice period.

According to our business survey, there is likely to be a small part of the accumulated numbers at the end of September 2021, the ONS said.

In the three months to September, the unemployment rate fell to 4.3% based on separate official data on Tuesday and dated Sunday.

Reuters polled the unemployment rate expected to fall to 44% from 4.5% in the three months till August.

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