The University of Strathclyde
Amidst all the challenges of the COVID-19 public health and economic crisis, recent reports suggest that the likelihood of the UK securing a trade deal with the EU have slipped back. The Prime Minister’s target of finalising an agreement by the 15th October has now passed. Of course, it is …
New labour market data were released by ONS this morning. These covered the period to the end of August. In this short article we review the key insights from these data.
In this article we pull out the headline labour market data and set out some of the reasons why these headline indicators are seemingly so resilient despite what we know about the severe impact that the pandemic has had on the Scottish economy and the challenges it poses for the labour force.
Hope of a sharp bounce back – a ‘v-shaped’ recovery – have all but disappeared. The fear is that the recovery will be long leading to a ‘U’ or ‘bathtub’ shaped recovery.
But there is increasing evidence to suggest that an alternative ‘shaped’ recovery is on the horizon – a ‘k’ shaped recovery.
This article provides a review of today’s labour market data, and what these mean about the Scottish economy.
This video gives an update on the latest labour market data for Scotland and the UK released in August 2020.
Graeme Roy is joined by colleagues Emma Congreve and Stuart McIntyre to talk about what we know so far about the impact of the pandemic on the labour market and household finances and what may happen in the next few months.
Yesterday, amid many other significant stories, the Scottish Government published its response to the Advisory Group on Economic Recovery.
The urgency of the situation and the scale of the economic shock facing businesses and families across the country is on a scale never seen before.
ONS have recently released some new experimental regional data which look at how households spend their money. This article looks at these data in more detail, exploring what they tell us about household consumption and saving across the UK.
Today we had new Scottish GDP data for the month of May released. [It’s the Glasgow Fair today(!), so we’ll keep this update short.] Unsurprisingly, the figures show that the economy remained in a high state of lockdown that month. Figure 1: Headline Scottish GDP to May 2020 Source: Scottish …