World Economy

Scotland Jobless Rate Down

Scotland Jobless Rate DownScotland Jobless Rate Down

The number of out-of-work Scots has fallen by 14,000, the latest official figures have shown. Unemployment now stands at 129,000, according to the Office for National Statistics data released Wednesday, Scottishnews reported. The Scottish unemployment rate is 4.7%, which is below the rate of 4.8% for the whole of Britain. But the number of people with a job has also fallen meaning that a growing number of Scots may have simply given up looking for work as “economic inactivity” levels continue to rise. Secretary of State for Scotland David Mundell said: “It is good news that unemployment continues to fall in Scotland. But with Scotland’s employment rates now lagging behind the rate of the UK and economic inactivity on the rise, these figures should be a concern to the Scottish government. It is important they use their budget next month to set out how they plan to use the significant new tax and welfare powers they now have to support the Scottish economy.”


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