Scottish Labour Market Statistics for three months to August 2020

Responding to today's [13 October 2020] Labour Market Statistics, Scottish Secretary Alister Jack said:

Today's unemployment figures continue to be a concern, and we know that there will be further challenges to come.

The UK Government is doing everything possible to protect jobs and livelihoods in the face of the global pandemic.

We are supporting nearly half a million jobs in Scotland through our furlough and self-employed schemes and have committed a further £9 billion to help employers keep workers on.

We are also investing billions in those looking for work, including our £2 billion Kickstart scheme for young people and doubling the number of work coaches.

On top of extensive direct UK Government support to people and businesses across Scotland, we are also providing the devolved administration in Scotland with an additional £7.2 billion to help them get through the pandemic.

Analysis

Scotland's key indicators seem to be in a stable position, however, the claimant count rate is now at 8.0% (Sep). This is up from 4.0% pre-lockdown. An increase in unemployment by 12,000 over the last twelve months. We have seen from last month's furlough figures that over 366,700 employments are paused and around 126,000 self-employed people in Scotland received UK Government support.

The UK overall experienced a somewhat accelerating decrease in employment (-153,000 and its rate fell by 0.3 p.p.) over the last three months and over the same period unemployment increased at a faster pace too, with an increase of 138,000 (+0.4p.p). Over the year, the UK's employment is now down (-102,000).

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