Scottish Secretary Reacts to Labour Market Statistics
Edinburgh, 12th November 2024 – The Scottish Secretary, Alister Jack, has reacted to the latest Labour Market Statistics released today.
The statistics show a continued positive trend in Scotland’s labour market, with unemployment falling to a record low of 2.5%. This is the lowest level of unemployment in Scotland since records began.
The number of people in employment has also increased, with 2.6 million people now in work. This is an increase of 50,000 on the previous quarter.
The Secretary of State welcomed the positive statistics, saying:
“These figures are a testament to the strength of the Scottish economy. Unemployment is at a record low and the number of people in work is at a record high. This is a clear sign that our economy is growing and creating jobs.”
The Secretary of State also highlighted the importance of the UK Government’s support for the Scottish economy, saying:
“The UK Government is committed to supporting the Scottish economy. We have invested heavily in infrastructure, skills and businesses across Scotland. This investment is helping to create jobs and boost our economy.”
The Labour Market Statistics also show that there are still some challenges facing the Scottish economy. Wage growth has slowed in recent months and there are concerns about the impact of the cost of living crisis on households.
The Secretary of State said that the Government is aware of these challenges and is working to address them, saying:
“We know that there are still some challenges facing the Scottish economy. We are committed to working with businesses and the Scottish Government to tackle these challenges and ensure that everyone in Scotland benefits from our growing economy.”
The Labour Market Statistics are a positive sign for the Scottish economy. Unemployment is at a record low and the number of people in work is at a record high. The UK Government is committed to supporting the Scottish economy and working to address the challenges facing businesses and households.
Scottish Secretary reacts to Labour Market Statistics
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