Coronavirus second wave could make one in seven unemployed, OECD warns
(WorldNews Business)

ALMOST one in seven people in the UK could be unemployed by the end of this year if a second coronavirus wave washes over the country. This would see the UK's unemployment rate rise to 14.8 per cent, meaning around 5million people would be out of work, according to new data from the Organisation for Economic Co-operation and Development (OECD). ⚠️ Read our coronavirus live blog for the latest news & updates 1 In comparison, there were 1.36million people unemployed in the three months from December 2019 to February 2020 before the epidemic hit, according to Office for National Statistics (ONS) data. That corresponds to an unemployment rate of 4 per cent or one in 25 people, says the...