{"id":2597,"date":"2018-07-20T15:36:16","date_gmt":"2018-07-20T14:36:16","guid":{"rendered":"https:\/\/blogs.gov.scot\/scotlands-economy\/?p=2597"},"modified":"2018-07-31T11:53:31","modified_gmt":"2018-07-31T10:53:31","slug":"this-week","status":"publish","type":"post","link":"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/","title":{"rendered":"This Week"},"content":{"rendered":"<p>Our new ministerial team have wasted no time in getting down to business. Find out what the economy team have been doing this past week. &#x1f447;<\/p>\n<p><!--more--><strong>Labour Market Statistics<\/strong> for March to May 2018 were published on Tuesday.<\/p>\n<p>The key facts are: &#x1f447;<a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/JHEP-LMS-1.jpg\"><img decoding=\"async\" class=\"alignright wp-image-2599 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/JHEP-LMS-1-300x150.jpg\" alt=\"\" width=\"316\" height=\"158\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/JHEP-LMS-1-300x150.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/JHEP-LMS-1-768x384.jpg 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/JHEP-LMS-1.jpg 1024w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/JHEP-LMS-1-750x375.jpg 750w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/JHEP-LMS-1-802x401.jpg 802w\" data-sizes=\"(max-width: 316px) 100vw, 316px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 316px; --smush-placeholder-aspect-ratio: 316\/158;\" \/><\/a><\/p>\n<ul>\n<li><img decoding=\"async\" class=\"Emoji Emoji--forText lazyload\" title=\"Chart with upwards trend\" data-src=\"https:\/\/abs.twimg.com\/emoji\/v2\/72x72\/1f4c8.png\" alt=\"&#x1f4c8;\" width=\"21\" height=\"21\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 21px; --smush-placeholder-aspect-ratio: 21\/21;\" \/>\u00a0Employment increased over the quarter and year, with 2,646,000 people now in work in Scotland<\/li>\n<li><img decoding=\"async\" class=\"Emoji Emoji--forText lazyload\" title=\"Chart with upwards trend\" data-src=\"https:\/\/abs.twimg.com\/emoji\/v2\/72x72\/1f4c8.png\" alt=\"&#x1f4c8;\" width=\"21\" height=\"21\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 21px; --smush-placeholder-aspect-ratio: 21\/21;\" \/><img decoding=\"async\" class=\"Emoji Emoji--forText lazyload\" title=\"Woman\" data-src=\"https:\/\/abs.twimg.com\/emoji\/v2\/72x72\/1f469.png\" alt=\"&#x1f469;\" width=\"21\" height=\"21\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 21px; --smush-placeholder-aspect-ratio: 21\/21;\" \/>\u00a0Over the quarter and year Scotland\u2019s female employment rate increased to 72.1%, higher than UK rate of 71.3%<\/li>\n<li><img decoding=\"async\" class=\"Emoji Emoji--forText lazyload\" title=\"Chart with upwards trend\" data-src=\"https:\/\/abs.twimg.com\/emoji\/v2\/72x72\/1f4c8.png\" alt=\"&#x1f4c8;\" width=\"21\" height=\"21\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 21px; --smush-placeholder-aspect-ratio: 21\/21;\" \/><img decoding=\"async\" class=\"Emoji Emoji--forText lazyload\" title=\"Adult (medium skin tone)\" data-src=\"https:\/\/abs.twimg.com\/emoji\/v2\/72x72\/1f9d1-1f3fd.png\" alt=\"&#x1f9d1;&#x1f3fd;\" width=\"21\" height=\"21\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 21px; --smush-placeholder-aspect-ratio: 21\/21;\" \/>\u00a0Scotland\u2019s employment rate for young people is 56.3%, higher than UK rate of 53.6%<\/li>\n<li><img decoding=\"async\" class=\"Emoji Emoji--forText lazyload\" title=\"Chart with upwards trend\" data-src=\"https:\/\/abs.twimg.com\/emoji\/v2\/72x72\/1f4c8.png\" alt=\"&#x1f4c8;\" width=\"21\" height=\"21\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 21px; --smush-placeholder-aspect-ratio: 21\/21;\" \/> There are now 2,646,000 people in employment in Scotland, 82,000 more than the pre-recession peak<\/li>\n<li><img decoding=\"async\" class=\"Emoji Emoji--forText lazyload\" title=\"Chart with downwards trend\" data-src=\"https:\/\/abs.twimg.com\/emoji\/v2\/72x72\/1f4c9.png\" alt=\"&#x1f4c9;\" width=\"20\" height=\"20\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 20px; --smush-placeholder-aspect-ratio: 20\/20;\" \/>\u00a0At 4.3%, our unemployment rate is low by historical standards<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Help for communities whose water supplies have run dry<\/strong><\/p>\n<p><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Water.jpg\"><img decoding=\"async\" class=\"wp-image-2603 alignright lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Water-300x150.jpg\" alt=\"\" width=\"300\" height=\"150\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Water-300x150.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Water-768x384.jpg 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Water.jpg 1024w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Water-750x375.jpg 750w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Water-802x401.jpg 802w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/150;\" \/><\/a>Finance Secretary Derek Mackay announced additional Scottish Government funding will be made available to Local Authorities and Scottish Water to ensure that emergency supplies of drinking water are provided to communities where their private water supplies have run dry.<\/p>\n<p>For more click <a href=\"https:\/\/news.gov.scot\/news\/private-water-supplies\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p class=\"TweetTextSize TweetTextSize--normal js-tweet-text tweet-text\" lang=\"en\"><strong>Investing in an evolving workforce<\/strong><\/p>\n<p lang=\"en\"><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Flexible-Workforce-Development-Fund.jpg\"><img decoding=\"async\" class=\"alignright size-medium wp-image-2618 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Flexible-Workforce-Development-Fund-300x264.jpg\" alt=\"\" width=\"300\" height=\"264\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Flexible-Workforce-Development-Fund-300x264.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Flexible-Workforce-Development-Fund-477x420.jpg 477w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Flexible-Workforce-Development-Fund.jpg 571w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/264;\" \/><\/a>Business, Minister Jamie Hepburn announced that \u00a310million will be invested to extend the Flexible Workforce Development Fund pilot. For more click <a href=\"https:\/\/news.gov.scot\/news\/investing-in-an-evolving-workforce\">here<\/a>.<\/p>\n<blockquote>\n<p lang=\"en\">&#8220;Available to support all employees of all ages and across the private, public and third sectors, I would encourage all those who are subject to the apprenticeship levy in Scotland to get in touch with our colleges to learn more about the opportunities available to them to improve and diversity their skillset and benefit from new training opportunities.&#8221; &#8211; Jamie Hepburn<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Elgin Business Park<\/strong><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Elgin-Business-Park2.jpg\"><img decoding=\"async\" class=\"alignright size-medium wp-image-2605 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Elgin-Business-Park2-300x199.jpg\" alt=\"\" width=\"300\" height=\"199\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Elgin-Business-Park2-300x199.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Elgin-Business-Park2-634x420.jpg 634w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Elgin-Business-Park2.jpg 640w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/199;\" \/><\/a>Economy Secretary Derek Mackay marked the official start of construction at Elgin Business Park. When complete, the 125 acre Enterprise Park, which is supported by \u00a31.9 million from HIE,\u00a0is expected to offer a variety of industrial, office, warehousing, hospitality and retail premises and create hundreds of jobs.<\/p>\n<blockquote><p>&#8220;Growing the economy is a key priority, and I want Moray to be seen as a highly successful and competitive region in which increasing numbers of people choose to live and businesses choose to invest.&#8221;<br \/>\n&#8211; Derek Mackay<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<div class=\"ProfileTweet-action ProfileTweet-action--more js-more-ProfileTweet-actions\">\n<div class=\"dropdown\">\n<div class=\"caret-outer\"><strong>\u00a37.7 million for South of Scotland projects<\/strong><\/div>\n<\/div>\n<\/div>\n<div class=\"js-tweet-text-container\">\n<p lang=\"en\"><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/SofS-funding.jpg\"><img decoding=\"async\" class=\"alignleft size-medium wp-image-2623 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/SofS-funding-300x198.jpg\" alt=\"\" width=\"300\" height=\"198\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/SofS-funding-300x198.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/SofS-funding.jpg 586w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/198;\" \/><\/a>In a\u00a0clear statement of our intent to grow and regenerate the economy in the South of Scotland, \u00a37.7 million of Scottish Government funding was awarded to The South of Scotland Economic Partnership (SOSEP) to support projects across Dumfries and Galloway and the Scottish Borders, to provide careers opportunities and build community resilience. For more click <a href=\"https:\/\/news.gov.scot\/news\/gbp-7-7-million-for-south-of-scotland-projects\">here<\/a>.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our new ministerial team have wasted no time in getting down to business. Find out what the economy team have been doing this past week. &#x1f447;<\/p>\n","protected":false},"author":441,"featured_media":2605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[104,3,1],"tags":[],"class_list":["post-2597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>This Week - Scotland&#039;s Economy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This Week - Scotland&#039;s Economy\" \/>\n<meta property=\"og:description\" content=\"Our new ministerial team have wasted no time in getting down to business. Find out what the economy team have been doing this past week. &#x1f447;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/\" \/>\n<meta property=\"og:site_name\" content=\"Scotland&#039;s Economy\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-20T14:36:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-07-31T10:53:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Elgin-Business-Park2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"424\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"taylorscott\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"taylorscott\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/\"},\"author\":{\"name\":\"taylorscott\",\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/#\/schema\/person\/9d7709246d1d91fd7a9a88decfbc2c80\"},\"headline\":\"This Week\",\"datePublished\":\"2018-07-20T14:36:16+00:00\",\"dateModified\":\"2018-07-31T10:53:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/\"},\"wordCount\":407,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2018\/07\/Elgin-Business-Park2.jpg\",\"articleSection\":[\"Business\",\"Economy\",\"Uncategorized\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/\",\"url\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/07\/20\/this-week\/\",\"name\":\"This Week - 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