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FALL IN UNEMPLOYMENT IS FURTHER BOOST TO SCOTTISH ECONOMY

Thu, 2013-08-15 08:14

Official figures have shown that unemployment in Scotland fell by 1,000 in the three months to June and that the number of people in work rose by 13,000.  Commenting, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said:

“It is extremely welcome news that Scotland’s unemployment rate has resumed its downward trend.  Coupled with the fact that the numbers of those in work has risen considerably, this paints an overall picture of solid progress in the Scottish labour market and is evidence that the confidence that is re-emerging among Scotland’s businesses is being translated into new jobs.

“This is the latest of a wide range of indicators that is pointing towards evidence of a more broadly based economic recovery in Scotland.  We are not out of the woods yet, however, and government efforts to maintain the recovery will continue to be necessary over the coming years.  Businesses are still working on slim margins and action is needed to ease the burden of taxes such as business rates, whilst at the same time capital investment must be focused on the infrastructure that will help businesses to create and sustain employment and on housing to boost our construction sector.

“These are clear messages to our governments north and south of the border in a year when we expect further information on their plans following Scotland’s independence referendum.”