Labour Market

Scotland's labour market experienced mixed results in the second quarter of 2024, with unemployment up, despite strong earnings growth. Median monthly pay reached £2,413 in June, a 5.2% year-on-year increase, exceeding UK growth and outpacing inflation.

Scotland's labour market experienced mixed results in the period from February to April 2024, with an increase in unemployment to 4.7%, a decrease in employment to 73.1%, and a rise in inactivity to 23.2%. Ann Frances Cooney, employment partner at DWF, has commented: "The cooling of the labour marke