{"id":4411,"date":"2020-05-19T10:08:22","date_gmt":"2020-05-19T09:08:22","guid":{"rendered":"https:\/\/blogs.gov.scot\/scotlands-economy\/?p=4411"},"modified":"2020-05-19T10:08:22","modified_gmt":"2020-05-19T09:08:22","slug":"labour-market-statistics-update-business-minister-jamie-hepburn","status":"publish","type":"post","link":"https:\/\/blogs.gov.scot\/scotlands-economy\/2020\/05\/19\/labour-market-statistics-update-business-minister-jamie-hepburn\/","title":{"rendered":"Labour market statistics update \u2013 Business Minister Jamie Hepburn"},"content":{"rendered":"<p>Between January and March 2020, Scotland\u2019s employment rate estimate fell over the quarter to 74.7% and the unemployment rate estimate rose over the quarter to 4.1%. While these rates compare well against historical records, they do not reflect fully the unprecedented impact of the pandemic and how it will change over time. The Job Retention Scheme will have offered some relief to many employers and employees, but I am aware many will be deeply concerned about the future of their livelihoods.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2020\/05\/Labour-Market-Statistics-May20-Henry.png\"><img decoding=\"async\" class=\"alignnone  wp-image-4414 lazyload\" data-src=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2020\/05\/Labour-Market-Statistics-May20-Henry-300x150.png\" alt=\"\" width=\"736\" height=\"368\" data-srcset=\"https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2020\/05\/Labour-Market-Statistics-May20-Henry-300x150.png 300w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2020\/05\/Labour-Market-Statistics-May20-Henry-768x384.png 768w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2020\/05\/Labour-Market-Statistics-May20-Henry.png 1024w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2020\/05\/Labour-Market-Statistics-May20-Henry-750x375.png 750w, https:\/\/blogs.gov.scot\/scotlands-economy\/wp-content\/uploads\/sites\/11\/2020\/05\/Labour-Market-Statistics-May20-Henry-802x401.png 802w\" data-sizes=\"(max-width: 736px) 100vw, 736px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 736px; --smush-placeholder-aspect-ratio: 736\/368;\" \/><\/a><\/p>\n<p>We are acutely aware of the huge impact the lockdown measures are having on people and businesses throughout the country. However, these measures are vital for controlling the coronavirus outbreak, saving lives and protecting the NHS.<\/p>\n<p>The Scottish Government has already provided \u00a32.3 billion in support to businesses and livelihoods, and we will continue to do everything in our power to support employers and employees.<\/p>\n<p>Recognising that our economic response to this crisis needs to be urgent, wide-ranging and co-ordinated, the Enterprise and Skills Strategic Board, responsible for co-ordinating the activities of Scotland&#8217;s enterprise and skills agencies, will refocus their attention, capacity and efforts on addressing the economic challenges presented by this pandemic. The Board will establish urgently how the Scottish Government, agencies, businesses and local government can collaborate to support the restart of our economy, mitigate the rise in unemployment as we recover from COVID-19 and help those who have lost jobs get back to work.<\/p>\n<p>Over the coming weeks I will work closely with the Board and business community as we begin to set out clearly \u2013 and in detail \u2013 the package of support to be made available to individuals and businesses to restart our economy and to aid quick recovery from this crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Between January and March 2020, Scotland\u2019s employment rate estimate fell over the quarter to 74.7% and the unemployment rate estimate rose over the quarter to 4.1%. While these rates compare well against historical records, they do not reflect fully the unprecedented impact of the pandemic and how it will change over time. The Job Retention&#8230;<\/p>\n","protected":false},"author":576,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,1],"tags":[341],"class_list":["post-4411","post","type-post","status-publish","format-standard","hentry","category-economy","category-employment-2","category-uncategorized","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>Labour market statistics update \u2013 Business Minister Jamie Hepburn - 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\/2020\/05\/19\/labour-market-statistics-update-business-minister-jamie-hepburn\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Labour market statistics update \u2013 Business Minister Jamie Hepburn - Scotland&#039;s Economy\" \/>\n<meta property=\"og:description\" content=\"Between January and March 2020, Scotland\u2019s employment rate estimate fell over the quarter to 74.7% and the unemployment rate estimate rose over the quarter to 4.1%. 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