Fraser of Allander Institute: Economic Commentary [December 2016]

Fraser of Allander Institute

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    Abstract

    The Scottish economy returned to growth during the second quarter of 2016, and most indicators suggest that growth has continued – albeit at a relatively slow pace – through the remainder of the year. Employment in Scotland remains close to record levels. However, Scotland continues to lag the UK with Scotland’s recent growth rate just 1/3 of that in the UK. We expect Scotland to have grown by around 1% this year, broadly in line with our July forecast . Whilst unemployment has fallen sharply recently, this appears to stem, not from people finding work, but from people exiting the labour force.
    Original languageEnglish
    Place of PublicationGlasgow
    PublisherUniversity of Strathclyde
    Number of pages80
    Volume40
    Publication statusPublished - 13 Dec 2016

    Publication series

    NameFraser of Allander Institute Economic Commentary
    PublisherUniversity of Strathclyde
    No.3
    Volume40
    ISSN (Electronic)2046-5378

    Keywords

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

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