David Eiser, FAI
One of the more concerning developments in Scotland’s labour market figures recently – and as discussed in detail in last month’s Labour Market Trends Report – has been the marked uptick in the rate of inactivity among those aged 16-64 (Chart 1).
Granted, the increase in the inactivity rate has only been slightly over one percentage point – equivalent to an increase of around 35,000 people – and the rate remains low in the context of the recent past. But what underlies the recent increase in inactivity, and to what extent should we be concerned by it? Continue reading “Examining recent trends in inactivity in Scotland’s labour market”