![]() ![]() ![]() BICS has provided a timelier insight into how many employees have been put on furlough at any point in time.Īs part of our regular and ongoing quality assessment of our methods we have recently improved methods to the weighting of smaller businesses within the BICS sample where we use employment and turnover to do so (first published 26 August 2021). Comparison between the two sets of figures BICS furlough estimates may differ from previous publications comparing furlough estimates. The Business Insights and Conditions Survey (BICS) samples most industries, with notable exceptions being the public sector, finance and agriculture. In comparison, HM Revenue and Customs' (HMRC) Coronavirus Job Retention Scheme (CJRS) statistics are based on all industries. This is a fundamental difference between the two sets of headline figures, making them not directly comparable. ![]() However, CJRS headline figures can be adjusted to cover BICS industries only.įor weighted BICS "not permanently stopped trading" estimates only, provisional standard errors have been calculated to illustrate the precision of the survey estimates, as the survey is only sent to a sample of the UK business population.
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