Nope, still no recession, Fraser of Allander ‘Institute’: Scottish employment climbs to record high while unemployment and inactivity falls over the quarter.

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Professor Graeme Roy, director of the Fraser of Allander Institute looking a bit glum: Resign? Just pack it all in?

(c) heraldscotland.com

Over the quarter, Scotland’s employment rate climbed to 75.2%, a record high. Unemployment remained lower than the UK figure 0f 4.4%, at 3.9% and female unemployment continues to be among one of the lowest in Europe at 8.4%.

Now, what was that other thing? Oh, yes, the Scottish economy grew at four times the rate of the UK economy.

These coincide, meaningfully I think with other economic indicators, I’ve been reporting here such as:

Good news for the Scottish economy again! Big rise in permanent jobs and starting salaries climb in Scotland

Foreign investors seem more likely to create jobs in Scotland

‘Wave of new jobs hits the North Sea’

Scottish businesses showing signs of greater health than those in the rest of the UK

Things are getting better for most of us but probably not for our Unionist politicians, ‘academics’ and media who’d much rather we’d got that lovely recession they’d predicted earlier in the year – selfish bar stewards?

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3 thoughts on “Nope, still no recession, Fraser of Allander ‘Institute’: Scottish employment climbs to record high while unemployment and inactivity falls over the quarter.

  1. Brian August 17, 2017 / 2:21 pm

    Most of this good news was actually on Reporting Scotland, 6.30 yesterday (Wed 16 Aug). I almost choked on my pizza. No doubt they will get complaints.

    Like

    • johnrobertson834 August 17, 2017 / 3:06 pm

      Really? Wow? Is that because they think Nicola has abandoned Indyref2?

      Like

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