Advertisement
Singapore markets closed
  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     
  • Bitcoin USD

    64,101.26
    +2,178.55 (+3.52%)
     
  • CMC Crypto 200

    1,371.97
    +59.34 (+4.52%)
     
  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     
  • Dow

    37,986.40
    +211.02 (+0.56%)
     
  • Nasdaq

    15,282.01
    -319.49 (-2.05%)
     
  • Gold

    2,406.70
    +8.70 (+0.36%)
     
  • Crude Oil

    83.24
    +0.51 (+0.62%)
     
  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     
  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     
  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     
  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

UK says jobs furloughed at end of August could reach 3.7 million

FILE PHOTO: A man walks past a job centre following the outbreak of the coronavirus disease (COVID-19), in Manchester (Reuters)

LONDON (Reuters) - The number of jobs furloughed as of Aug. 31 could reach 3.7 million, Britain's tax office said on Thursday, highlighting that the arts and entertainment sector was making heaviest use of the scheme.

The tax authority said preliminary figures showed 3.3 million jobs were furloughed as of August 31, and that this could rise to 3.7 million once all data had been collected.

Use of the Coronavirus Job Retention Scheme has fallen from a peak of 8.9 million job on May 8.

Watch: What is the new job support scheme?

(Reporting by David Milliken, writing by William James; editing by Sarah Young)