The unemployment rate among the working age population in Scotland fell to 3.9% in the three months from March to May, the lowest unemployment rate since comparable records began.
In headline terms, the Scottish labour market today looks broadly similar to the same quarter in 2008, as the UK was entering recession (although in 2008 the employment rate was slightly higher and inactivity rate slightly lower than it is today).
The proportion of the employed who work part-time is almost back at pre-recession levels (the part-time employed accounted for 25% of total employment in 2008, rising to 28% during the recession, but now back to 26%).
|Working age labour market statistics, Scotland|
|March – May 2008||
|March – May 2017||
But underneath these headline figures, substantial changes in the composition of the Scottish labour market are observed.