Fraser of Allander Institute: Economic Commentary [April 2019]

Fraser of Allander Institute , Graeme Roy (Editor)

    Research output: Book/ReportOther report

    Abstract

    Against a backdrop of heightened uncertainty, Scotland’s economy has continued to grow, albeit below trend. This, combined with near all-time high employment, is to be welcomed and provides some positives in these extra-ordinarily testing times. However, Scotland continues to face a productivity challenge with the consequent impact on real earnings growth. As the Commentary evidences, the economic growth we have seen has been matched by an increase in hours worked rather than an increase in productivity. If we want to see a rise in real earnings and living standards, we need to see productivity grow.
    LanguageEnglish
    Place of PublicationGlasgow
    PublisherUniversity of Strathclyde
    Number of pages34
    Volume43
    Edition1
    Publication statusPublished - 17 Apr 2019

    Publication series

    NameFraser of Allander Economic Commentary
    PublisherUniversity of Strathclyde
    ISSN (Print)2046-5378

    Fingerprint

    Economics
    Productivity
    Scotland
    Earnings growth
    Testing
    Economic growth
    Standard of living
    Uncertainty
    Hours worked

    Keywords

    • labour market trends
    • Scotland
    • Scottish economics
    • economic forecasting

    Cite this

    Fraser of Allander Institute , & Roy, G. (Ed.) (2019). Fraser of Allander Institute: Economic Commentary [April 2019]. (1 ed.) (Fraser of Allander Economic Commentary). Glasgow: University of Strathclyde.
    Fraser of Allander Institute ; Roy, Graeme (Editor). / Fraser of Allander Institute : Economic Commentary [April 2019]. 1 ed. Glasgow : University of Strathclyde, 2019. 34 p. (Fraser of Allander Economic Commentary).
    @book{729dc732691640e195d7fead0c649cd3,
    title = "Fraser of Allander Institute: Economic Commentary [April 2019]",
    abstract = "Against a backdrop of heightened uncertainty, Scotland’s economy has continued to grow, albeit below trend. This, combined with near all-time high employment, is to be welcomed and provides some positives in these extra-ordinarily testing times. However, Scotland continues to face a productivity challenge with the consequent impact on real earnings growth. As the Commentary evidences, the economic growth we have seen has been matched by an increase in hours worked rather than an increase in productivity. If we want to see a rise in real earnings and living standards, we need to see productivity grow.",
    keywords = "labour market trends, Scotland, Scottish economics, economic forecasting",
    author = "{Fraser of Allander Institute}",
    editor = "Graeme Roy",
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    day = "17",
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    Fraser of Allander Institute & Roy, G (ed.) 2019, Fraser of Allander Institute: Economic Commentary [April 2019]. Fraser of Allander Economic Commentary, vol. 43, 1 edn, University of Strathclyde, Glasgow.

    Fraser of Allander Institute : Economic Commentary [April 2019]. / Fraser of Allander Institute ; Roy, Graeme (Editor).

    1 ed. Glasgow : University of Strathclyde, 2019. 34 p. (Fraser of Allander Economic Commentary).

    Research output: Book/ReportOther report

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    T1 - Fraser of Allander Institute

    T2 - Economic Commentary [April 2019]

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    Y1 - 2019/4/17

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    AB - Against a backdrop of heightened uncertainty, Scotland’s economy has continued to grow, albeit below trend. This, combined with near all-time high employment, is to be welcomed and provides some positives in these extra-ordinarily testing times. However, Scotland continues to face a productivity challenge with the consequent impact on real earnings growth. As the Commentary evidences, the economic growth we have seen has been matched by an increase in hours worked rather than an increase in productivity. If we want to see a rise in real earnings and living standards, we need to see productivity grow.

    KW - labour market trends

    KW - Scotland

    KW - Scottish economics

    KW - economic forecasting

    UR - http://www.strath.ac.uk/business/economics/fraserofallanderinstitute/

    M3 - Other report

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    T3 - Fraser of Allander Economic Commentary

    BT - Fraser of Allander Institute

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    Fraser of Allander Institute , Roy G, (ed.). Fraser of Allander Institute: Economic Commentary [April 2019]. 1 ed. Glasgow: University of Strathclyde, 2019. 34 p. (Fraser of Allander Economic Commentary).