Deloitte senior economist comments on ONS labour market figures

Commenting on the latest labour market figures from the ONS, Debapratim De, senior economist at Deloitte, said:

“With payrolls up for the third consecutive month in February, the furlough scheme continues to cushion the blow to the labour market from the current national lockdown. We expect unemployment to remain somewhat steady until summer, followed by a gradual rise over the third quarter as employer contributions towards furlough pay begin to pick up in July.”

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Notes to editors

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