Examining recent trends in inactivity in Scotland’s labour market

David Eiser, FAI One of the more concerning developments in Scotland’s labour market figures recently – and as discussed in detail in last month’s Labour Market Trends Report – has been the marked uptick in the rate of inactivity among those aged 16-64 (Chart 1). Granted, the increase in the …

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Wage growth in Scotland: what does the latest data say and why does it matter?

David Eiser and Anna Murray The dramatic fall in wages following the recession of 2008-9 has been well documented. The median weekly real wages of full-time workers in Scotland fell by 5% between 2008 and 2012, and have been increasing at only a sluggish rate since 2013. Wages are clearly …

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Insight on Labour Market Statistics

Stephen Boyd is Assistant Secretary of the Scottish Trades Union Congress (STUC), with responsibility for economic and industrial policy, the environment, utilities, transport and arts and culture – see @stephenboydecon On Wednesday the latest Fraser blog patiently explained why some caution was required when interpreting what were ostensibly very positive new labour market …

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Brexit and Scotland’s Economy: Insights from the July Business Surveys

Paul Smith is a senior economist at IHS Markit, where he helps to oversee the production of business survey data for over 30 countries. His research interests include nowcasting and the role that new sources of information (particularly so-called ‘big data’) can play in helping to understand current economic conditions. In …

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Yesterday’s Economic Statistics…..Revisions, Revisions, Revisions

Grant Allan, Stuart McIntyre, Graeme Roy, Fraser of Allander Institute, Department of Economics, University of Strathclyde Yesterday’s economic figures for Scotland give us a better picture of the health of the Scottish economy and its likely resilience to coping with the heightened uncertainty post-EU referendum. The focus of comment thus …

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Brexit: implications for the Scottish labour market

David Eiser, Fraser of Allander Institute Forecasting future change in demographics and the labour market is almost certainly a mugs game. The ONS’ 1996-based population projections for Scotland forecast the Scottish population would decline from 5.1 million to 5 million by 2016. What actually happened is that population decline went …

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