Amazon bets on bleak UK job market with 1,000 internships By Reuters

LONDON (Reuters) – Amazon (NASDAQ 🙂 brought some joy to the pandemic-hit British job market on Friday, saying it will recruit more than 1,000 apprentices in 2021. Britain’s unemployment rate hit 5% in November , its highest level since mid-2016, according to official data. The retail sector has been particularly affected by the coronavirus crisis. According to the Center for Retail Research, the sector lost 177,000 jobs in 2020, with another 200,000 expected to be cut this year. Amazon said the apprenticeships will cover 25 different programs ranging from IT, security technician and human resources to robotics, software engineering and creative digital design. The American internet giant said it created 10,000 permanent jobs in the UK in 2020, bringing the total to more than 40,000. Amazon says it has invested 23 billion pounds ($ 31.5 billion) in the UK since 2010, but doesn’t break that down between capital expenditures and operating costs. On Tuesday, Amazon reported quarterly sales for the group above $ 100 billion for the first time and said founder Jeff Bezos would step down as CEO. ($ 1 = 0.7301 pounds)

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