Overview of the labour market [May 2001]

Research output: Contribution to journalArticle

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Abstract

The most recent labour market data show aggregate Scottish employment and number of economically active jumping in the summer and autumn of 2000. Since then, both of these numbers have fallen back although the unemployment rate continues to fall. A comparison of the unemployment rate and vacancies for mid 2000 indicates a continuing tightening of the labour market. As suggested in the last commentary, people might have been spurred into the labour market as a result of government policies and increased job opportunities. However, some of this gain appears to only have been temporary, although the fall in employment in the latest quarter has not yet been registered in any rise in unemployment.
Original languageEnglish
Pages (from-to)24-26
Number of pages3
JournalQuarterly Economic Commentary
Volume26
Issue number2
Publication statusPublished - May 2001

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Labour market
Unemployment rate
Government policy
Vacancy
Unemployment
Market data

Keywords

  • Scottish employment trends
  • labour market conditions
  • Labour Force Survey (LFS)

Cite this

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abstract = "The most recent labour market data show aggregate Scottish employment and number of economically active jumping in the summer and autumn of 2000. Since then, both of these numbers have fallen back although the unemployment rate continues to fall. A comparison of the unemployment rate and vacancies for mid 2000 indicates a continuing tightening of the labour market. As suggested in the last commentary, people might have been spurred into the labour market as a result of government policies and increased job opportunities. However, some of this gain appears to only have been temporary, although the fall in employment in the latest quarter has not yet been registered in any rise in unemployment.",
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author = "Kim Swales",
year = "2001",
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journal = "Fraser of Allander Economic Commentary",
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publisher = "University of Strathclyde",
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}

Overview of the labour market [May 2001]. / Swales, Kim.

In: Quarterly Economic Commentary, Vol. 26, No. 2, 05.2001, p. 24-26.

Research output: Contribution to journalArticle

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