Scottish Secretary responds to Labour Market stats for Nov 2023
Alister Jack says measures to remove barriers to work are effective, with a near record number of people on company payrolls in Scotland
Scottish Secretary Alister Jack聽said:
Our employment record remains strong and our reforms are working -聽with a near record number of people on company payrolls in Scotland, up 23,000 from this time last year.
Bolstered by our direct investment in Scotland of 拢2.5聽billion from our levelling up agenda, we are on track to halve inflation and grow the economy for long-term prosperity right across the UK.
Additional information:
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Measures from the UK Government鈥檚 拢3.5 billion investment in removing barriers to work are making a difference - including the mid-life MOT for over-50s and increasing the amount that can be claimed for childcare by聽those on Universal Credit.
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The ONS has published a regional聽breakdown on payrolled employees. The estimates for Scotland show that the number of payrolled employees rose by 0.9% compared with October 2022, a rise of 22,654 employees to 2,456,355.
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The number of payrolled employees in Scotland was up 3.7%- since February 2020, a rise of 87,660 employees.
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Pay estimates for Great Britain show that annual growth in regular pay (excluding bonuses) in Great Britain was 7.7%聽in July to September 2023, slightly down on the previous periods, but is still among the highest annual growth rates since comparable records began in 2001.
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In real terms annual growth for聽total pay聽rose on the year by 1.4%, and聽regular pay聽rose on the year by 1.3%.