Abstract
There is still little indication of a recovery in the flagging fortunes of the Scottish economy. Stagnant output and falling investment give little hope of a recovery of activity and a reduction in unemployment during the remainder of 1978. The Budget, which contained no special measures for the assisted areas, can hardly be expected to provide a strong stimulus to the Scottish economy. Thus, we expect that, after rising to around 210,000 in July, unemployment in Scotland will level off at about 200,000 in October.
| Original language | English |
|---|---|
| Pages (from-to) | 5-33 |
| Number of pages | 29 |
| Journal | Quarterly Economic Commentary |
| Volume | 3 |
| Issue number | 4 |
| Publication status | Published - Apr 1978 |
Keywords
- Scottish economic trends
- economic output
- Scottish GDP growth
- unemployment patterns
- labour market trends
- regional economic development
- industrial performance