While headline indicators of Scotland’s labour market remain strong, the latest data show a relatively sharp quarterly increase in the unemployment rate from 4% to 4.5%. While the unemployment rate remains low by historical standard, this increase may be the first indication that the weak output growth experienced over the past couple of years is feeding through to labour market outcomes.
Scottish Labour Market Trends Vol.2 No.2
Part of Collection
Labour Market Trends is jointly produced by the FAI and SCER and aims to shed light on key developments in Scotland’s labour market. Alongside a summary of recent trends and the outlook, the report also highlights longer trend developments and areas for discussion.