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Overview of the labour market [October 2002]

Ferguson, Linda (2002) Overview of the labour market [October 2002]. Quarterly Economic Commentary, 27 (3). pp. 25-31. ISSN 0306-7866

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The latest figures on the labour market in Scotland are summarised. Over the last quarter, Labour Force Survey (LFS) data showed that employment increased by 16 thousand in the three months to May 2002, to 2,376 thousand - up 0.7 per cent on the previous quar ter level. Over the year to May 2002, employment fell by 3 thousand. The employment rate - as a percentage of the working age population in employment - increased to 73.1 per cent, up 0.5 percentage points on the previous quarter. The paper provides an account of quarterly LFS employment over a two-year period to May 2002.