STUC on Quarter 2 GDP Figures

October 21st 2009

Commenting on today’s statistics which show that Scottish economic output declined by 0.8% in the second quarter of 2009, Grahame Smith, Scottish Trades Union Congress (STUC) General Secretary said:

“These statistics represent another blow to those who continue to argue that Scotland is escaping the worst of the current recession. As these figures serve to confirm, output has fallen and unemployment has risen just as quickly in Scotland as in the rest of the UK.

“It is entirely possible that growth could resume in quarter 3 but the STUC does not believe that a robust, sustainable and demand-led recovery is imminent. The impact of proposed cuts in public spending next year on output and jobs is frightening to contemplate.

“It is of course wholly unsatisfactory that the figures for quarter 2 are only being published today; some three months behind UK figures”.


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