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Thursday 18 August 2011

Scotland sees continued employment growth

There was continued employment growth north of the border in the second quarter of the year, according to the latest figures from the Scottish government.

The data reveals that, from April to June 2011, Scottish employment increased by 24,000, while the unemployment rate stood at 7.7 per cent, which is lower than the UK average.

Overall, Scotland's employment rate for the population aged 16 to 64 increased by 0.6 percentage points to 71.9 per cent, while the UK rate remains unchanged at 70.7 per cent, something which is cause for optimism, according to first minister Alex Salmond.

"Scotland has lower unemployment, higher employment and lower economic inactivity rates than the UK as a whole - which indicates that the measures the Scottish government is taking to strengthen recovery and boost economic activity are working," he added.

Meanwhile, the latest Bank of Scotland Report on Jobs compiled by analyst Markit, shows that there were faster rates of vacancy growth in both permanent and temporary labour markets in July, while permanent staff placements also increased at a sharper pace.

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Posted by John Oak and Wayne BlyADNFCR-1617-ID-800704326-ADNFCR

Source: The Sales Director News

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