{"id":3480,"date":"2019-03-22T14:21:47","date_gmt":"2019-03-22T14:21:47","guid":{"rendered":"https:\/\/blogs.gov.scot\/scotlands-economy\/?p=3480"},"modified":"2019-03-22T14:21:47","modified_gmt":"2019-03-22T14:21:47","slug":"this-week-22-3-19","status":"publish","type":"post","link":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/03\/22\/this-week-22-3-19\/","title":{"rendered":"This week: 22\/3\/19"},"content":{"rendered":"<h3>Labour Market Statistics<\/h3>\n<p><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/employment-rate-.png\"><img decoding=\"async\" class=\"alignright wp-image-3489 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/employment-rate--300x150.png\" alt=\"\" width=\"288\" height=\"144\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/employment-rate--300x150.png 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/employment-rate--768x384.png 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/employment-rate-.png 1024w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/employment-rate--750x375.png 750w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/employment-rate--802x401.png 802w\" data-sizes=\"(max-width: 288px) 100vw, 288px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 288px; --smush-placeholder-aspect-ratio: 288\/144;\" \/><\/a>Scotland&#8217;s Labour Market statistics from November 2018 to January 2019 showed:<\/p>\n<ul>\n<li>Scotland\u2019s employment rate rose by 0.3 percentage points to 75.3%<\/li>\n<li>Unemployment in Scotland fell to 3.4%, the lowest rate on record<\/li>\n<li>Unemployment rate in Scotland (3.4%) is lower than the UK (3.9%) for sixth month in a row<\/li>\n<li>Scotland\u2019s youth employment rate is 59.1%, higher than UK rate of 55.7%<\/li>\n<li>Unemployment rates for Scotland\u2019s women (2.6%) and young people (7.4%) at record lows<\/li>\n<\/ul>\n<p><a href=\"https:\/\/www2.gov.scot\/Topics\/Statistics\/Browse\/Labour-Market\/LMTrends\">Read more about Scotland&#8217;s Labour Market<\/a><\/p>\n<h3>Response to Spring Statement<\/h3>\n<p>Finance Secretary Derek Mackay delivered a Ministerial Statement in Scottish parliament, setting out the implications of the UK Government&#8217;s Spring Statement on Scotland&#8217;s economy and public spending.<\/p>\n<p><a href=\"https:\/\/www.gov.scot\/publications\/uk-spring-statement-impact-on-scotland-derek-mackay-statement\/\">Read more on the response to the Spring Statement<\/a><\/p>\n<h3>Scotrail announcement<\/h3>\n<p>Michael Matheson, Cabinet Secretary for Transport, Infrastructure and Connectivity, issued a statement on Scotrail. He said:<\/p>\n<p>&#8220;Transport Scotland has entered into a Remedial Agreement with ScotRail on acceptance of their proposals to improve performance.<\/p>\n<p>&#8220;I have instructed my officials to ensure robust measures are put in place to monitor progress very closely and I expect to see a continued upward trend of performance improvement. I will give an update on this at the Rural Economy and Connectivity Committee next week.<\/p>\n<p>\u201cI have also been clear that franchising in its current format doesn\u2019t work and that is why I continue to push Scotland\u2019s interests, including further devolution of rail powers, to the UK-wide Williams review. Rail must deliver a system of greater reliability for users \u2013 customers, businesses and stakeholders deserve this much.&#8221;<\/p>\n<p><a href=\"https:\/\/www.transport.gov.scot\/news\/cabinet-secretary-statement-scotrail\/\">Read the statement on Scotrail here<\/a><\/p>\n<h3>Oslo trade visits<\/h3>\n<p>Trade, Investment and Innovation Minister Ivan McKee undetook a series of trade visits in Oslo to grow international trade <a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/IM-oslo-.jpg\"><img decoding=\"async\" class=\"alignright wp-image-3490 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/IM-oslo--225x300.jpg\" alt=\"\" width=\"171\" height=\"228\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/IM-oslo--225x300.jpg 225w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/IM-oslo--768x1024.jpg 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/IM-oslo--384x512.jpg 384w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/IM-oslo--315x420.jpg 315w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/IM-oslo-.jpg 900w\" data-sizes=\"(max-width: 171px) 100vw, 171px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 171px; --smush-placeholder-aspect-ratio: 171\/228;\" \/><\/a>and investment between Scotland and Norway across range of sectors and industries.<\/p>\n<p><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/03\/19\/scotland-norway-an-important-trading-relationship\/\">Read Ivan McKee&#8217;s blog on Oslo trade links<\/a><\/p>\n<h3>GDP figures<\/h3>\n<p>The Scottish economy grew for the eighth consecutive quarter according to official statistics. The latest GDP figures show the Scottish economy grew by 0.3% in the fourth quarter of 2018, higher than the UK rate of 0.2%. Compared to the same period last year, it has grown by 1.3%. <a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-GDP-stats-.jpg\"><img decoding=\"async\" class=\"alignright wp-image-3510 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-GDP-stats--300x225.jpg\" alt=\"\" width=\"179\" height=\"135\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-GDP-stats--300x225.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-GDP-stats--768x576.jpg 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-GDP-stats--1024x768.jpg 1024w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-GDP-stats--683x512.jpg 683w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-GDP-stats--560x420.jpg 560w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-GDP-stats-.jpg 1200w\" data-sizes=\"(max-width: 179px) 100vw, 179px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 179px; --smush-placeholder-aspect-ratio: 179\/135;\" \/><\/a>Economy Secretary Derek Mackay met employees at social enterprise <s><\/s>Haven in Larbert to welcome the statistics.<\/p>\n<p><a href=\"https:\/\/www.gov.scot\/news\/eighth-quarter-of-continued-economic-growth-1\/\">Read more on the latest GDP figures<\/a><\/p>\n<h3>Bayes Centre<\/h3>\n<p>Economy Secretary Derek Mackay visited Edinburgh University&#8217;s Bayes Centre to discuss the university&#8217;s plans for for the Data Driven Innovation stream of the City Region Deal, <a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-bayes-centre-2.jpg\"><img decoding=\"async\" class=\"alignright wp-image-3506 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-bayes-centre-2-300x300.jpg\" alt=\"\" width=\"186\" height=\"186\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-bayes-centre-2-300x300.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-bayes-centre-2-150x150.jpg 150w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-bayes-centre-2-768x768.jpg 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-bayes-centre-2-512x512.jpg 512w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-bayes-centre-2-420x420.jpg 420w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/03\/DM-bayes-centre-2.jpg 1024w\" data-sizes=\"(max-width: 186px) 100vw, 186px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 186px; --smush-placeholder-aspect-ratio: 186\/186;\" \/><\/a>and underline the Scottish Government&#8217;s commitment to ensuring Scottish universities fulfil their economic potential.<\/p>\n<h3>Car ownership alternatives<\/h3>\n<p>More people across Scotland will be able to use ultra-low emission vehicles thanks to a \u00a3510,000 investment from the Scottish Government.<\/p>\n<p>The Plugged-in Households Grant Fund will support eight housing associations across Scotland to procure the services of car clubs. This will allow tenants, local residents and staff to hire electric vehicles when they require the use of a car. The fund also provides financial support for housing associations to promote these new services locally.<\/p>\n<p><a href=\"https:\/\/www.transport.gov.scot\/news\/over-half-a-million-pounds-to-provide-alternatives-to-car-ownership\/\">Read more about the Plugged-in Households Grant Fund\u00a0<\/a><\/p>\n<h3><\/h3>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labour Market Statistics Scotland&#8217;s Labour Market statistics from November 2018 to January 2019 showed: Scotland\u2019s employment rate rose by 0.3 percentage points to 75.3% Unemployment in Scotland fell to 3.4%, the lowest rate on record Unemployment rate in Scotland (3.4%) is lower than the UK (3.9%) for sixth month in a row Scotland\u2019s youth employment&#8230;<\/p>\n","protected":false},"author":483,"featured_media":3515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,9],"tags":[128,374,376,373,375,154],"class_list":["post-3480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-employment-2","category-investment","tag-investment","tag-labourmarketstatistics","tag-lowemissionvehicles","tag-scotlandslabourmarket","tag-scottishemployment","tag-trade"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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