{"id":3743,"date":"2019-05-17T13:18:16","date_gmt":"2019-05-17T12:18:16","guid":{"rendered":"https:\/\/blogs.gov.scot\/scotlands-economy\/?p=3743"},"modified":"2019-05-17T14:23:43","modified_gmt":"2019-05-17T13:23:43","slug":"this-week-17-5-19","status":"publish","type":"post","link":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/","title":{"rendered":"This week: 17\/5\/19"},"content":{"rendered":"<h3><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/People-in-work-.png\"><img decoding=\"async\" class=\"alignright size-medium wp-image-3754 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/People-in-work--300x150.png\" alt=\"\" width=\"300\" height=\"150\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/People-in-work--300x150.png 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/People-in-work--768x384.png 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/People-in-work-.png 1024w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/People-in-work--750x375.png 750w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/People-in-work--802x401.png 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>Labour Market Statistics<\/h3>\n<p>This month\u2019s labour market statistics update, released by the ONS for January 2019 to March 2019, showed that the Scottish economy and jobs market continues to strengthen. The update showed:<\/p>\n<ul>\n<li>2,682,000 people are now in work in Scotland<\/li>\n<li>Unemployment in Scotland fell to 3.2%, the lowest rate on record<\/li>\n<li>Scotland\u2019s female employment rate is 72.0%, higher than UK rate of 71.8%<\/li>\n<li>Scotland\u2019s youth employment rate is 59.3%, higher than UK rate of 54.6%<\/li>\n<li>The unemployment rate for Scotland\u2019s young people (6.6%) is at a record low<\/li>\n<li>The unemployment rate in Scotland (3.2%) is lower than the UK as a whole (3.8%) for the eighth month in a row<\/li>\n<\/ul>\n<p><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/14\/unemployment-rate-at-record-low-for-fifth-consecutive-month\/\">Read more about the latest Labour Market Statistics<\/a><\/p>\n<h3>Soar funding<\/h3>\n<p><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-Soar.jpg\"><img decoding=\"async\" class=\"alignright wp-image-3755 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-Soar-300x225.jpg\" alt=\"\" width=\"291\" height=\"218\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-Soar-300x225.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-Soar-768x576.jpg 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-Soar-1024x768.jpg 1024w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-Soar-683x512.jpg 683w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-Soar-560x420.jpg 560w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-Soar.jpg 1600w\" data-sizes=\"(max-width: 291px) 100vw, 291px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 291px; --smush-placeholder-aspect-ratio: 291\/218;\" \/><\/a>Public Finance and Digital Economy Minister Kate Forbes visited software development company Soar to announce \u00a3450,000 of research and development funding from Scottish Enterprise to support Soar&#8217;s ambitious plans to develop an innovative platform for Credit Unions.<\/p>\n<p><a href=\"https:\/\/www.scottish-enterprise-mediacentre.com\/news\/funding-boost-helps-fintech-disruptor-soar-change-the-face-of-ethical-banking\">Read more about Soar funding<\/a><\/p>\n<h3>High Growth Spin Out funding<\/h3>\n<p>The Natantis team at Heriot Watt University have received a \u00a3574,500 High Growth Spin Out Grant from Scottish Enterprise for the development of a cartridge to extract cell-free nucleic acid samples from blood for use in cancer and pre-natal screening.<\/p>\n<p>Public Finance and Digital Economy Minister Kate Forbes announced the funding during a visit to the University.<\/p>\n<p><a href=\"https:\/\/www.scottish-enterprise-mediacentre.com\/news\/funding-boost-helps-university-team-improve-cancer-diagnosis-and-treatment\">Read more about Natantis<\/a><\/p>\n<h3>Consumer advice service launched<\/h3>\n<p>Business Minister Jamie Hepburn launched a new online and telephone consumer advice service which is backed by \u00a3600,000 of Scottish Government funding.<\/p>\n<p><a href=\"https:\/\/www.gov.scot\/news\/new-consumer-advice-service-launched\/\">Find out more about the service<\/a><\/p>\n<h3>Digital Skills Group<\/h3>\n<p><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-digital-skills-group.jpg\"><img decoding=\"async\" class=\"alignright wp-image-3766 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-digital-skills-group-300x225.jpg\" alt=\"\" width=\"283\" height=\"212\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-digital-skills-group-300x225.jpg 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-digital-skills-group-768x575.jpg 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-digital-skills-group-1024x767.jpg 1024w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-digital-skills-group-684x512.jpg 684w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-digital-skills-group-561x420.jpg 561w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/KF-digital-skills-group.jpg 1600w\" data-sizes=\"(max-width: 283px) 100vw, 283px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 283px; --smush-placeholder-aspect-ratio: 283\/212;\" \/><\/a>Digital Economy Minister Kate Forbes<b><\/b> co-chaired the Digital Skills Group quarterly meeting to share her future ambitions for Scotland&#8217;s digital economy and skills landscape, and\u00a0outline the importance of digital skills in helping technology businesses drive the economy forward.<\/p>\n<h3>Teclan<\/h3>\n<p>Digital Economy Minister Kate Forbes opened the new offices of digital marketing agency Teclan in Inverness, and heard about the company&#8217;s future plans as they celebrate their 20<sup>th<\/sup> anniversary.<\/p>\n<h3>E-bike support<\/h3>\n<p>A third round of funding to encourage the adoption of e-bikes has been announced by the Scottish Government and will be delivered by the Energy Saving Trust.<\/p>\n<p>For 2019\/2020, \u00a31.14 million has been allocated from the Scottish Government\u2019s \u00a380 million budget for active travel to finance the eBike Grant Fund. The scheme helps assist local authorities, public sector agencies, further and higher education institutions, active travel hubs and community groups to adopt e-bikes and e-cargo bikes as more sustainable alternatives to car journeys.<\/p>\n<p><a href=\"https:\/\/www.transport.gov.scot\/news\/wheels-in-motion-for-further-e-bike-support\/\">Read more about funding for e-bikes<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Labour Market Statistics This month\u2019s labour market statistics update, released by the ONS for January 2019 to March 2019, showed that the Scottish economy and jobs market continues to strengthen. The update showed: 2,682,000 people are now in work in Scotland Unemployment in Scotland fell to 3.2%, the lowest rate on record Scotland\u2019s female employment&#8230;<\/p>\n","protected":false},"author":483,"featured_media":3770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[394,393,374,392,377,373],"class_list":["post-3743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-digitaleconomy","tag-digitalskills","tag-labourmarketstatistics","tag-natantis","tag-scotlandseconomy","tag-scotlandslabourmarket"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>This week: 17\/5\/19 - 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\/2019\/05\/17\/this-week-17-5-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"This week: 17\/5\/19 - Scotland&#039;s Economy\" \/>\n<meta property=\"og:description\" content=\"Labour Market Statistics This month\u2019s labour market statistics update, released by the ONS for January 2019 to March 2019, showed that the Scottish economy and jobs market continues to strengthen. The update showed: 2,682,000 people are now in work in Scotland Unemployment in Scotland fell to 3.2%, the lowest rate on record Scotland\u2019s female employment...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/\" \/>\n<meta property=\"og:site_name\" content=\"Scotland&#039;s Economy\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-17T12:18:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-17T13:23:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/economy-blog-graphic-1705.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"charlottebarbour\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"charlottebarbour\" \/>\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\/2019\/05\/17\/this-week-17-5-19\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/\"},\"author\":{\"name\":\"charlottebarbour\",\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/#\/schema\/person\/f266d079fb65ec5fd678ef3cdf1abdd7\"},\"headline\":\"This week: 17\/5\/19\",\"datePublished\":\"2019-05-17T12:18:16+00:00\",\"dateModified\":\"2019-05-17T13:23:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/\"},\"wordCount\":419,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/economy-blog-graphic-1705.png\",\"keywords\":[\"digitaleconomy\",\"digitalskills\",\"labourmarketstatistics\",\"natantis\",\"scotlandseconomy\",\"scotlandslabourmarket\"],\"articleSection\":[\"Economy\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/\",\"url\":\"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/\",\"name\":\"This week: 17\/5\/19 - 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The update showed: 2,682,000 people are now in work in Scotland Unemployment in Scotland fell to 3.2%, the lowest rate on record Scotland\u2019s female employment...","og_url":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/","og_site_name":"Scotland&#039;s Economy","article_published_time":"2019-05-17T12:18:16+00:00","article_modified_time":"2019-05-17T13:23:43+00:00","og_image":[{"width":1024,"height":512,"url":"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/economy-blog-graphic-1705.png","type":"image\/png"}],"author":"charlottebarbour","twitter_card":"summary_large_image","twitter_misc":{"Written by":"charlottebarbour","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/#article","isPartOf":{"@id":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/"},"author":{"name":"charlottebarbour","@id":"https:\/\/blogs.gov.scot\/scotlands-economy\/#\/schema\/person\/f266d079fb65ec5fd678ef3cdf1abdd7"},"headline":"This week: 17\/5\/19","datePublished":"2019-05-17T12:18:16+00:00","dateModified":"2019-05-17T13:23:43+00:00","mainEntityOfPage":{"@id":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/"},"wordCount":419,"commentCount":0,"image":{"@id":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/#primaryimage"},"thumbnailUrl":"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2019\/05\/economy-blog-graphic-1705.png","keywords":["digitaleconomy","digitalskills","labourmarketstatistics","natantis","scotlandseconomy","scotlandslabourmarket"],"articleSection":["Economy"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/","url":"https:\/\/blogs.gov.scot\/scotlands-economy\/2019\/05\/17\/this-week-17-5-19\/","name":"This week: 17\/5\/19 - 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