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Scottish Labour Market Trends Vol.2 No.4

Scotland’s labour market continues to experience a period of historically low unemployment and near historically high employment.

This is a pattern reflected across the UK.

Among those in employment, the balance has shifted back toward growth in the number of employees with a recent fall in the number self—employed (in part, reversing a trend witnessed for over 10 years).

While these headline indicators suggest that the labour market is in good health, wider indicators give some cause for concern.

Much of the growth in employment since the global financial crisis is driven by increases in employment among those aged 65+.

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.

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.