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AP National Business

Omicron stalks UK jobs market after previous fears allayed

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Published 4:39 AM

By PAN PYLAS
Associated Press

LONDON (AP) — Britain’s jobs market appears to have brushed aside the ending of a salary support program that supported millions of jobs during the coronavirus pandemic. The Office for National Statistics found Tuesday that the number of workers on payroll rose by a record 257,000 in November to a record 29.4 million. But the Bank of England isn’t expected to raise interest rates on Thursday for the first time since the pandemic began in early 2020 amid concerns over the rapid spread of omicron. The variant’s emergence over the past couple of weeks has created renewed uncertainty over the economic outlook.

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