Scottish labour market continues to outperform UK
The SNP has reiterated its call for the UK Government to release £300m of capital funding to kick-start shovel-ready projects across Scotland.
Labour market statistics published this morning showed that employment in Scotland is rising and unemployment falling at a faster rate than across the UK as a whole, and this momentum needs to be kept up by a significant injection into Scotland’s economy
The labour market statistics for January to March, shows Scotland has a higher rate of employment and lower rate of economic activity than the rest of the UK. Unemployment is falling and employment is rising at a faster rate in Scotland.
Employment increased by 24,000 – an increase of 0.5 per cent compared to the UK’s 0.2%. Headline unemployment fell by 10,000 – a decrease of 0.4% compared to the 0.2% decrease across the UK.
John Wilson, SNP MSP for Central Scotland and Deputy Convener of the Scottish Parliament’s Economy Committee, said:
“This is the biggest rise in employment in Scotland – which is higher than the UK – since last Spring.
“These are positive statistics, with unemployment falling and employment increasing at a faster and life chances of our young people.
“That is why, despite unprecedented cuts from Westminster, we have guaranteed every 16 to 19-year-old a place in education or training.
“Tackling unemployment among women is also critical, not just for our economy but for households across the country. Only last month the First Minister announced that Scotland’s first Women’s Employment Summit will be held.
“The UK Government must release £300m for Scotland’s 30 shovel ready projects that would boost growth and support thousands of jobs.
“Scotland needs the full economic and financial powers of independence to be able to do what is in the best interests of this country to make our economy the best it can be.”