Live Update
From the Liveblog of
Monday, February 1, 2021
Unemployment surged to 16.7% in January due to 3rd lockdown
The Central Bureau of Statistics says unemployment rates shot up to 16.7 percent in the first two weeks of January as a nationwide lockdown was introduced.
That’s 680,000 unemployed, the vast majority of whom (504,000) were placed on unpaid leave.
In late December, the unemployment rate stood at 13.7%, or some 566,000 jobless.
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