Scotland's employment rate at record high

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Scotland's employment rate at record high
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Wages across the UK have also grown at the fastest rate in more than 20 years.

The employment rate in Scotland hit a record high of 76.1% during the last quarter, according to the latest official figures., the rate for people aged 16 to 64 was unchanged on July to September at 75.6%.A total of 92,000 Scots were unemployed between September and November - a rise of 1,000 from the previous three months but 8,000 fewer than a year ago.

Meawhile, wages across the UK have grown at the fastest rate in more than 20 years, but are still failing to keep up with rising prices.It marks the fastest growth since 2000 excluding the pandemic, when people got big rises after returning to work from furlough.The cost of living is currently rising at its fastest rate in almost 40 years, largely due to the war in Ukraine.

The Scottish government's employment minister Richard Lochhead said: "Despite the high employment rate, labour shortages in certain sectors still remain and the Scottish government is doing all it can to work with businesses and organisations to alleviate them."

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