Recent trends continue to paint a positive picture of Scotland’s labour market. Unemployment fell over the 1st quarter of 2017, accompanied by rising employment. Whilst these figures are welcome, the lack of growth in the wider economy – coupled with rising inflation – means that there is little prospect of a sustained improvement in people’s take-home pay.
Authors
The Fraser of Allander Institute (FAI) is a leading economy research institute based in the Department of Economics at the University of Strathclyde, Glasgow.