Employment - Covid-19 & Brexit - Teamwork

The COVID-19 pandemic and Brexit have both had a significant impact on the UK economy and job market, with job losses and unemployment rates rising as a result. While these two events are different in nature, they have both contributed to the current economic situation in the #UnitedKingdom. My post here, will compare the increase in unemployment and job losses due to the pandemic to those caused by Brexit.

The COVID-19 pandemic has caused widespread disruption to the global economy, with the UK being no exception. The pandemic has resulted in a decline in demand for goods and services, which has led to job losses across many industries, including hospitality, travel, and retail. According to the Office for National Statistics (ONS), the UK unemployment rate rose to 5.1% in December 2020, up from 3.8% in March 2020. This increase in unemployment is largely due to the pandemic, with many businesses forced to close or reduce their operations.

Brexit, on the other hand, has also had an impact on the UK job market. The uncertainty surrounding Brexit has led to a decline in investment and trade, which has affected industries such as manufacturing and financial services. According to a report by the Centre for Economic Performance, Brexit has already resulted in a 2.9% reduction in the number of jobs in the UK, with the greatest impact being felt in regions that rely heavily on manufacturing.

While both the pandemic and Brexit have led to job losses and an increase in unemployment, there are some differences between the two. The pandemic has affected a wide range of industries, while the impact of Brexit has been more concentrated in certain sectors. Additionally, the pandemic has been a more sudden shock to the economy, while the impact of Brexit has been more gradual.

The UK government has taken steps to address the impact of both the pandemic and Brexit on the job market. The government has introduced various measures to support businesses during the pandemic, including the furlough scheme, which has helped to prevent job losses. In the case of Brexit, the government has provided support to industries that have been most affected, such as the automotive sector.

Both the COVID-19 pandemic and Brexit have had a significant impact on the UK job market, with job losses and unemployment rates rising as a result. While the two events are different, they have contributed to the UK's current economic situation. The government has introduced various measures to support businesses and workers during these difficult times, but the long-term impact of these events on the UK economy and job market remains to be seen.

What is clear, this is ongoing, and we have to pull together, the first half is over, but the match is not lost, we need a really good #TeamTalk, we need to be positive, stop talking the country and the economy down and then real action in the second half, #teamwork.

Working together, we can lift the cup, we may have sold off the Silverware to survive, but now the cabinet is bare, we have room to fit a new collection, and we need to start that process now.?

#Employment #Jobs #UnitedKingdom #GreatBritain #future #teamwork #sport #football #rugby