U.K. Employment Suffers Virus Knock Even After Lockdown Eases

The video discusses the recent rise in UK unemployment rates, which have exceeded expectations, reaching 4.5%. The tapering of the furlough scheme has led to increased redundancies, with a record rise of 114,000. Concerns are raised about unemployment in economically weaker regions, particularly in the north of England, which are further impacted by new local lockdowns. These areas face higher unemployment rates compared to London and the southeast, challenging the government's leveling up agenda.

What was the unexpected rise in the UK unemployment rate as discussed in the video?

• 6.0%

• 5.0%

• 4.5%

• 4.3%

What is the forecasted unemployment rate for Q4 with the end of the furlough scheme?

• 7.2%

• 8.0%

• 6.0%

• 5.5%

How many redundancies were recorded over the three months to August?

• 130,000

• 114,000

• 120,000

• 100,000

Which areas of the UK are most affected by the new local lockdowns?

• North of England, northeast, and northwest

• Southwest and Midlands

• Wales and Scotland

• London and the southeast

What is the concern regarding the government's leveling up agenda?

• Reduction in local lockdowns

• Increased GDP in London

• Higher employment rates in the southeast

• Economic disparity in hard-hit areas