{"id":11397,"date":"2022-09-08T09:36:46","date_gmt":"2022-09-08T09:36:46","guid":{"rendered":"http:\/\/handlewife.com\/?p=11397"},"modified":"2023-04-09T10:46:58","modified_gmt":"2023-04-09T10:46:58","slug":"why-was-the-unemployment-rate-stable-at-3-9-for-the-first-six-months-of-the-pandemic","status":"publish","type":"post","link":"https:\/\/handlewife.com\/why-was-the-unemployment-rate-stable-at-3-9-for-the-first-six-months-of-the-pandemic\/","title":{"rendered":"Why unemployment rate stable at 3.9% first 6 months of pandemic?"},"content":{"rendered":"\n

Since the beginning of the pandemic, the unemployment rate in the UK stayed stable at 3.9%,<\/span> which was not just in the initial days, but all the way to last month. The unemployment rate did not<\/span> change for the last six months, and pre-pandemic as well. Most of the people in the UK were<\/span> seeing the number of people losing their jobs increasing but the unemployment rate staying the<\/span> same, which made it look like a lie, but to the greatest extent, the numbers were not wrong.<\/span> There are various reasons why the unemployment numbers did not change, and some of these<\/span> are.<\/span><\/p>\n\n\n\n

\"Why<\/figure>\n\n\n\n

It can be agreed, companies were letting go of their staff in large numbers which shows that<\/span> there were a lot of people losing their jobs, but the unemployment rate did not change. The main<\/span> reason for this was that a significant portion of these people was not looking to get back into the<\/span> workforce anytime soon. <\/span><\/p>\n\n\n\n

People were quite hesitant about working again mainly since they<\/span> wanted the virus to get better, before taking a risk and getting back out there, when they should<\/span> have been staying at home. Unemployment is defined by the number of people who are out of<\/span> work and looking to get back into the workforce, which was not the case.<\/span> <\/span><\/p>\n\n\n\n

Another reason for this was the various schemes that the Government was running, including<\/span> their most popular furlough scheme. According to the scheme, they were giving companies 80%<\/span> of the salary of their employees so the company only had to pay the rest of the 20%. Their<\/span> reasons were to prevent the large scale laying off of these people. The scheme single-handedly<\/span> kept a large number of people within their companies, while the companies could not afford to<\/span> pay them their salaries.<\/span> <\/span><\/p>\n\n\n\n

The information gathered, and the statistics and reports put together usually took about three<\/span> months. In the initial stages of the pandemic, compiling these details were a lot tougher since<\/span> there were a lot of people out of work, and gathering the information was challenging. The first<\/span> two reports to come out during the pandemic comprised the information gathered in the past,<\/span> well before it.<\/span><\/p>\n\n\n\n

Everything considered, the unemployment rate slowly began rising toward the beginning of<\/span> September and is currently at 4.1% in the UK.<\/span> <\/span><\/p>\n\n\n\n

With all these changes, companies were not sure if they knew the people they were working with<\/span> since a lot of the regular faces might not have been there any longer. The changes implemented<\/span> were once followed for the longest time, but not to the degree that they were now. <\/span><\/p>\n\n\n\n

Employers<\/span> and businesses began making background checks mandatory to assist companies with knowing<\/span> the people they were hiring. There were multiple types of tests that they could work with, and the<\/span> simplest and most popular one was the <\/span>CRB check<\/span><\/a>. Anyone who wanted information on another<\/span> person could conduct this test. <\/span><\/p>\n\n\n\n

The facts would be gathered and provided after paying a fee.<\/span> However, if a company wanted more information, like criminal records and whether the person<\/span> they were selecting for the job got along well with others, they could handle a <\/span>DBS check<\/span><\/a> which<\/span> was a little more complex, done by employers, and applied for online, making it a convenient<\/span> option.<\/span><\/p>\n\n\n\n

\n","protected":false},"excerpt":{"rendered":"

Since the beginning of the pandemic, the unemployment rate in the UK stayed stable at 3.9%, which was not just … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":11401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2445],"tags":[],"yoast_head":"\nWhy unemployment rate stable at 3.9% first 6 months of pandemic?<\/title>\n<meta name=\"description\" content=\"Since the beginning of the pandemic, the unemployment rate in the UK stayed stable at 3.9%, which was not just in the initial days, but all\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/handlewife.com\/why-was-the-unemployment-rate-stable-at-3-9-for-the-first-six-months-of-the-pandemic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why unemployment rate stable at 3.9% first 6 months of pandemic?\" \/>\n<meta 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