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Seasonal Cheer as Unemploymant Falls in Scotland

Wed, 2013-12-18 13:22

·        Unemployment dropped from 7.4% (May-July 2013) to 7.1% (Aug-Oct 2013)

·        Employment levels have seen an increase, by 10,000 from 2,536,000 to 2,546,000

·        Gross weekly pay increased from £498.3 to £508.0 from 2012 to 2013 in Scotland

Liz Cameron, Chief Executive, Scottish Chambers of Commerce said,

"The fall in unemployment for Scotland has brought some seasonal cheer with strong signs of recovery in the overall UK economic picture. 

"However, the recent statistics show that gross weekly pay in Scotland is lower than the UK average and has only increased by 1.9% compared to the UK as a whole which has increased by 2.25%. 

"This gap in pay has increased since 2012 and Scottish Chambers of Commerce, alongside our network of 22 local Chambers, urge for reductions in the cost of doing business, enabling businesses to invest in upskilling their workforce and contribute to closing the pay gap."