LONDON – The number of workers on U.K. corporate payrolls dropped by 0.2% in March as young people were hardest hit by coronavirus restrictions that closed bars, restaurants and hotels, according to the latest government statistics.
Company payrolls fell by 56,000 last month, pushing the decline since March of last year to 813,000, the Office for National Statistics said Tuesday.
Workers under 25 accounted for more than half the decline, with the number of young people on company payrolls dropping by 436,000 over the past year.
Payrolls in the accommodation and food service industries, which employ large numbers of young people, fell by 355,000 workers.