Employment rate in Scotland increases slightly

Scotland’s employment rate rose in the last quarter according to the latest figures from the Office for National Statistics (ONS).

The data indicates that there was a slight increase in the employment rate for people aged 16-64, which was 74.6%, up 0.5% from the May-July period. .

That the unemployment rate for people aged 16 and over was 4.1% between August and October, down 0.2% from the previous quarter.

The overall employment rate in the UK between the ages of 16 and 64 was 75.5%, while the unemployment rate for the over-16s was 4.2%.

Employment Minister Richard Lochhead MSP said Covid and the economic uncertainty it was causing was having an impact.

He said: ‘We are all too aware of the ongoing impact and economic uncertainty that Covid has and that is why we are doing all we can to limit the spread of the virus and mitigate the effects it is having on our economy.

“The 2022-23 Scottish Budget invests an additional £68.3 million in employability and training to help businesses tackle skills shortages and create high-quality, sustainable jobs.

“Spending in this area targets all sectors and social groups, including those currently furthest from employment, so that everyone and every region can benefit from Scotland’s economic transformation.

“To accelerate the potential of digital technology, £192m is being allocated to improve connectivity and boost the digital economy, including specific support for small and medium-sized businesses.”

In Scotland, 2.553 million people aged 16 to 64 were in employment between August and October, while 111,000 people in that age group were unemployed.