How London has fallen victim to Covid job culling: interactive map shows massive split with capital representing a quarter of 813,000 payroll workers lost during the pandemic – but in other areas almost no change
- London accounts for a quarter of the 813,000 payroll jobs lost during the pandemic
- Some areas, such as Lancashire, have seen a significantly smaller decline in the number of employees
- Interactive map shows the great variation between different parts of the country
A shocking map today exposes the tremendous variation the pandemic has had on workers so far – with London to top it all off.
People living in the capital account for about a quarter of the 813,000 jobs lost since March last year – a decrease of 223,000.
In parts of the city, the number of employees has fallen by 6.4 percent.
According to the Office for National Statistics, an additional 124,000 people made the pay cut, which equates to a reduction of more than 3 percent, according to the Office for National Statistics.
However, in Northern Ireland there is only a drop of 10,000, or 1.3 percent. In Lancashire it was 1.2 percent.
The ONS has created an interactive chart to show the change in salary numbers over the past year. This is considered one of the most useful indicators for the labor market, as the leave scheme creates five million jobs.
The ONS has created an interactive image to show the change in salary numbers over the past year – this is considered one of the most useful indicators for the labor market as the leave scheme supports five million jobs.
According to the Office for National Statistics, the number of UK workers on the payroll fell by 56,000 last month and fell by 813,000 since March 2020 as a result of the pandemic.
The latest data from yesterday showed that there were a total of 813,000 fewer employees on the payroll than in March 2020, with four-fifths of the decrease among 35-year-olds.
The number was down 56,000 after three months of increases.
Of the 813,000 total reductions, 436,000 were under the age of 25, 199,000 were 25 to 34 years old, and 157,000 were 35 to 49 years old.
Only 10,000 were 65 or older.
In a glimpse of good news, the unemployment rate fell to 4.9 percent between December and February, from 5 percent in the previous three months. Economists had estimated an increase to 5.1 percent.
The gravity-defying performance during the brutal third lockdown would be due to the massive leave plan – with about five million posts supported by the government.
There was also evidence that companies are preparing to ease restrictions, with preliminary figures showing the number of job vacancies up nearly 16 percent in March.
According to the Office for National Statistics, the Southeast accounted for an additional 124,000 of the pay cut, which equates to a reduction of more than 3 percent