TY - BOOK
T1 - Fraser of Allander Institute
T2 - Economic Commentary [December 2016]
AU - Fraser of Allander Institute
PY - 2016/12/13
Y1 - 2016/12/13
N2 - 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.
AB - 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.
KW - labour market trends
KW - Scotland
KW - Scottish economcs
KW - economic forecasting
UR - http://www.strath.ac.uk/business/economics/fraserofallanderinstitute/
M3 - Other report
VL - 40
T3 - Fraser of Allander Institute Economic Commentary
BT - Fraser of Allander Institute
PB - University of Strathclyde
CY - Glasgow
ER -