Reported in Insider today:
‘The Recruitment and Employment Confederation Report on Jobs for Scotland sound the number of people securing permanent posts has risen sharply Bottom of Form. . Top of Form
Bottom of Form
The number of people securing permanent jobs in Scotland rose sharply in January, according to new data. Figures from the research by IHS Markit, Report on Jobs for Scotland, showed an increase in the number of temporary staff finding [permanent] jobs, following a modest decline in December.’
I can’t find what ‘sharp’ means in precise terms but this seems to be yet more objective evidence of strength in the Scottish economy contrary to the wholly unreliable estimates used for GDP and GERS and much-loved by our Unionist media as they rejoice in any opportunity to talk down their own folk.
Here’s a reminder of how useless GDP and GERS are. Both are heavily based on estimates rather than actual measures because the latter are not available for Scotland on its own. See this on GERS:
As for GDP, even the DAVOS elite have turned against it. See this from 2016:
‘Three leading economists and academics at Davos agree: GDP is a poor way of assessing the health of our economies and we urgently need to find a new measure. Speaking in different sessions, IMF head Christine Lagarde, Nobel Prize-winning economist Joseph Stiglitz, and MIT professor Erik Brynjolfsson stressed that as the world changes, so too should the way we measure progress. A country’s GDP is an estimate of the total value of goods and services they produce. But even when the concept was first developed back in the late 1930s, the man behind it, Simon Kuznets, warned it was not a suitable measure of a country’s economic development: “He understood that GDP is not a welfare measure, it is not a measure of how well we are all doing. It counts the things that we’re buying and selling, but it’s quite possible for GDP to go in the opposite direction of welfare.”’
By contrast these are accurate and objective measures of the Scottish economy’s development and stability:
Note in many of these reports, the role of the Scottish Government in supporting and promoting positive change in the Scottish economy.