{"id":3108,"date":"2018-12-11T11:06:32","date_gmt":"2018-12-11T11:06:32","guid":{"rendered":"https:\/\/blogs.gov.scot\/scotlands-economy\/?p=3108"},"modified":"2018-12-11T11:06:32","modified_gmt":"2018-12-11T11:06:32","slug":"lowest-unemployment-rate-on-record","status":"publish","type":"post","link":"https:\/\/blogs.gov.scot\/scotlands-economy\/2018\/12\/11\/lowest-unemployment-rate-on-record\/","title":{"rendered":"Lowest unemployment rate on record"},"content":{"rendered":"<p>Commenting on the <a href=\"https:\/\/www2.gov.scot\/Topics\/Statistics\/Browse\/Labour-Market\/LMTrends\">labour market statistics<\/a>, released by the ONS for August to October 2018, Business Minister Jamie Hepburn said:<\/p>\n<p>\u201cThe Scottish economy and jobs market remain strong despite the continued challenges of Brexit.<\/p>\n<p>\u201cScotland\u2019s unemployment rate fell again, down to 3.7%, which is lower than the UK rate of 4.1% &#8211; where unemployment has remained unchanged over the quarter. This is our lowest unemployment rate on record.<\/p>\n<p>\u201cAlthough overall employment fell very slightly over the quarter, on employment for women and young people, we continue to outperform the UK with a rate of 71.3% for women, higher than the UK rate of 71.2%, and 58.8% for young people, higher than the UK rate of 55.9%. Compared to the UK we also have lower rates of unemployment for both women and young people.<\/p>\n<p>\u201cWe remain committed to creating the right economic environment for jobs growth \u2013 and our record on unemployment shows this is working. However, Brexit remains the biggest threat to Scotland\u2019s prosperity and these statistics reinforce the urgent need to ensure the positive work we are doing to strengthen our economy is not undone.<\/p>\n<p>\u201cThe upcoming Budget\u00a0will set out how we help protect Scotland as far as we can from the damaging uncertainty of Brexit and how we will deliver on our vision of a healthier, wealthier and fairer country. Ultimately, we believe staying in the EU is in Scotland\u2019s best interests.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commenting on the labour market statistics, released by the ONS for August to October 2018, Business Minister Jamie Hepburn said: \u201cThe Scottish economy and jobs market remain strong despite the continued challenges of Brexit. \u201cScotland\u2019s unemployment rate fell again, down to 3.7%, which is lower than the UK rate of 4.1% &#8211; where unemployment has&#8230;<\/p>\n","protected":false},"author":491,"featured_media":3109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[341],"class_list":["post-3108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employment-2","tag-employment-labour-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lowest unemployment rate on record - 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\/12\/11\/lowest-unemployment-rate-on-record\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lowest unemployment rate on record - Scotland&#039;s Economy\" \/>\n<meta property=\"og:description\" content=\"Commenting on the labour market statistics, released by the ONS for August to October 2018, Business Minister Jamie Hepburn said: \u201cThe Scottish economy and jobs market remain strong despite the continued challenges of Brexit. \u201cScotland\u2019s unemployment rate fell again, down to 3.7%, which is lower than the UK rate of 4.1% &#8211; 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