While headline figures on employment, the participation rate and the unemployment rate for the UK are encouraging, there is widespread agreement that the evolving changes in the labour market underlying these figures are more complex. One consequence is that headline labour market figures are less useful than they were previously for measuring the overall health of the labour market, not just in Scotland, but across the UK and many other countries.
|Number of pages||12|
|Journal||Fraser of Allander Economic Commentary|
|Publication status||Published - 12 Nov 2014|
- unemployment rate
- labour market
- labour market conditions
- global labour markets