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18 October 2017

FSB in Scotland on new job figures

Reference number: SPUR1810

New statistics published today show that Scotland’s unemployment rate has risen to 4.1% in the three months to August. However this figure is lower than the equivalent UK figure of 4.3%. The share of Scots in employment also increased over the three month period.   

Andy Willox, FSB’s Scottish policy convenor, said: “Scotland’s joblessness rate remains low, despite today’s figures showing a slight increase over the last quarter. Low unemployment is good for Scottish families, communities and local businesses.

“However with turbulent economic headwinds predicted, politicians in Edinburgh and London need to stay focussed on helping smaller firms. Scotland’s latest growth figures show that there’s much to do to tune up the economy.

“With political uncertainty undermining business confidence, Chancellor Philip Hammond must deliver an autumn budget that gives smaller businesses a shot in the arm. Mitigating the cost of jobs through an expanded employment allowance would be a good place to start.

“Ministers in Edinburgh can’t forget about the impact of their decisions either. The Scottish Government must shelve plans to put additional burdens on business, like the half-baked proposals for a bottle deposit scheme.”