Jobless figures drop to lowest rate in UK
SCOTLAND’S unemployment rate has fallen to 3.8%, the lowest of the UK nations, official figures show.
The jobless rate dropped 0.2 percentage points in the period May to July, down from 4% in the previous three months and 4.7% in the same period last year.
In the latest quarter the overall UK unemployment rate was 4.3%, with England 4.4%, Wales 4.3% and Northern Ireland 5.3%, according to the Office for National Statistics (ONS).
The figures show that for all those aged 16 and over, unemployment fell by 4,000 to 106,000 – while the number of people in work increased by 49,000.
For those aged between 16 and 64, unemployment fell 7,000 to 102,000, with the number in work up 60,000 and the employ- ment rate hitting a new high of 75.8%.
Employability Minister Jamie Hepburn said: “These are encouraging figures for Scotland’s economy and labour market – employment has never been higher and unemployment has never been lower. There are 109,000 more people in employment compared to the pre-recession peak and Scotland now has the highest employment rate in the UK.
“Our unemployment rate remains a success story, showing that the labour market remains resilient and robust.”
UK Scottish Secretary David Mundell said: “It is very encouraging that Scotland’s employment has reached a record high and that unemployment remains at a historic low. More people in work means more money in people’s pockets and that’s good news.”