Skip to main content

Scottish Unemployment Figures Make Dramatic Fall

By
Unemployment in Scotland has fallen, with 14,000 fewer unemployed citizens compared to the last quarter.



The Office for National Statistics, January to March 2017 The Labour Market Statistics report, shows Scotland's ever growing strengths in regards to female employment in the labour market, with the female unemployment rate falling by 0.7% over the year. However, the youth employment rate has risen, now 3.9 percentage points higher than the previous year, with the level rising by 15,000 citizens.

This shows a worrying trend for graduates who have been suffering under austerity with large debt and few job options.

 MSP Keith Brown, the cabinet secretary for the economy, jobs and fair work, said: "Today's statistics show that Scotland's labour market continues to perform well in the face of significant economic challenges. Unemployment is down, employment is up and Scotland's youth unemployment rate is the 4th lowest in the EU. This is welcome news.

"We [The Scottish Government] will will work to support employment and our priority remains developing the correct conditions for economic growth, including through taking forward our multi-billion pound infrastructure plan, and the Scottish Growth Scheme."

The Scottish Growth Scheme is a Scottish parliament investment of £500m to support businesses in Scotland.
Labels:
Location: Scotland, UK

Comments

Post a Comment

Popular posts from this blog

Value Of Scottish Fish Catch At Record High

By
The value of fish landings is at a record high, having increased by 29% to $563 million in 2016, according to the latest statistics published by the Scottish Government. The increase was mainly driven by a 41% increase in the value of landings for pelagic fish like herring and mackerel. Mackerel continues to be the most valuable stock, accounting for £169 million of Scottish landings. Fisheries Secretary, Fergus Ewing, said; "These latest statistics show he value of Scottish catch is at a record high with Scotland's fishing fleet and sea fisheries contributing £563 million in revenue to out economy. "The fishing industry plays a key role in our rural economy. It supports jobs and businesses at sea but also in our coastal communities, and contributes significantly to Scotland's world class food and drink success story."
Post a Comment
Read more

Placing Bets On 2017 UK General Election

By
With the General Election on June 8th quickly approaching, political betting website BetOnPolitics.co.uk is offering readers live odds on all 650 constituencies. In the past few years political betting has become bis business. One firm alone took £3million on the last UK General Election, and £5million on last year's US Election. Unsurprisingly the bookmakers "anticipate huge bettering interest" on the 2017 snap election. Betting on a range of election markets, including voter turnout and odds for all 650 constituencies, updated in real time, will be live on betonpolitics.co.uk/category/constituency/ in the run-up to June 8th. Phil Loew, ediotr of the BetOnPolitics website, said; "As well as providing the very latest pre-election news, we'll also be working hard to inform our readers about the best odds available on various political markets. "Polls and Election betting markets may suggest that Prime Minister Theresa May is going to win the elec...
Post a Comment
Read more

Where Is Our £10 An Hour?

By
While the Scottish Government celebrates the success of the Real Living Wage initiative, and talk proudly of it's growth across the nation I find it hard to be happy about an £8.45 an hour wage when for years we've been promised a £10 an hour minimum. Though the current real living wage isn't too far off the promised £10 an hour it's still not a big enough difference to ensure a good life style for all citizens. With the cost of living increasing at a steeper rate than the national minimum wage, and the current conservative government aiming to remove human rights, and in so, the minimum wage entirely things do not stand to get better in the UK. Laden with student debts and the impossibility of owning your own home outright in most areas, citizen in the UK on the whole are under intense financial pressures with no promise of it getting better. I find it difficult to ignore the fact that council employees are paid standard wage. How are we supposed to believe...
Post a Comment
Read more