STUC on Labour Market Statistics

August 17th 2016

Commenting on publication of the latest official labour market statistics for Scotland, Scottish Trades Union Congress (STUC) General Secretary Grahame Smith said:

“This is the strongest set of statistics for some time with employment gaining much of the ground lost over the past year and unemployment falling to its lowest level in over seven years.

“However it will be a huge challenge to sustain these gains in the wake of the EU referendum result. The UK Government must bring forward the Autumn Statement in order to introduce a fiscal stimulus to complement the welcome action already undertaken by the Bank of England. The Scottish Government has already shown the correct approach by bringing forward some capital investment and should now consider additional measures as part of this year’s Budget process”.

ENDS

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