Mackay Welcomes Drop in Unemployment as Scottish Economy Continues to Grow

Renfrewshire North & West MSP Derek Mackay has welcomed official statistics released today showing the Scottish economy is continuing to grow and that unemployment is down.

The ONS Labour Market Statistics published today for March-May 2015 show Scotland’s overall unemployment rate fell by 0.5% over the quarter to 5.5%. The equivalent figure in the UK rose over the same period to 5.6%, making Scotland the only country of the UK where unemployment has fallen.

The figures release also show a 6 year low in youth unemployment and the highest youth employment level since records began for the March-May period.

The Scottish Government statistics also show the Scottish economy grew by 0.6% in the first three months of this year, slightly above the UK growth rate of 0.4%.

Welcoming SNP MSP Derek Mackay said:

“These figures show a growing economy and falling unemployment are encouraging, and highlight the positive action the SNP Government are taking is helping more people into work in Scotland

“Indeed, Scotland was the only country in the UK where unemployment has actually fallen.

“It is also encouraging to see youth unemployment at a 6 year low. Despite the savage cuts by the UK Tory Government, the SNP Scottish Government has taken action to ensure young people can fulfil their potential. Just this week it was revealed that Modern Apprenticeships have increased by almost 60% since the SNP entered Government in 2007.

“Having further powers over the economy, employment and social security here in Scotland would allow the Scottish Parliament to take further action to grow our economy and create more jobs and opportunities for our youth.”

ENDS

Leave a Reply

Your email address will not be published. Required fields are marked *