Overview of the labour market [October 2005]

Allan, Grant (2005) Overview of the labour market [October 2005]. Quarterly Economic Commentary, 30 (3). pp. 30-36. ISSN 0306-7866

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The latest figures on the labour market1 in Scotland are summarised in Table 1. Labour Force Survey (LFS) data show that in the three months to May 2005 the level of employment fell by 6 thousand, to 2,443 thousand. Over the year to May 2005, employment increased by 22 thousand. The employment rate – as a percentage of the working age population – fell slightly to 75.1 per cent, down 0.2 percentage points on the previous quarter. Over the year to May 2005, the employment rate was up by 0.6 per cent. Figure 1 provides an account of quarterly LFS employment over a three-year period to February 2005.