Scotland's unemployment rate falls by 1.1%, latest data shows

ONS labour market statistics for July to September show the unemployment rate was at 3.3%.

Scotland’s unemployment rate falls by 1.1% in the third quarter of 2024, data showsPA Media

Scotland’s unemployment rate fell by 1.1% in the third quarter of 2024, the latest figures show.

The ONS labour market statistics for the July to September period show the unemployment rate was at 3.3%.

The economic inactivity rate for those between 16 and 64 was 23.7%, up by 0.6% from the previous quarter.

The employment rate stood at 73.7%.

Separate statistics showed that for the year leading up to October 2024, median monthly pay for payrolled employees in Scotland increased by 6.2% to £2,466.

This was lower than the median growth rate for the UK overall, which stood at 7%.

In October 2024, the claimant count in Scotland was 114,800, an increase of 500 (0.5%) over the month and an increase of 6,600 (6.1%) over the year.

Commenting on the figures, Scottish secretary Ian Murray said: “Getting people into work is key to delivering economic growth and our Get Britain Working white paper will tackle inactivity in the labour market head-on through measures including an overhaul of our Jobcentres.

“We’re making work pay by increasing the National Living Wage in April – delivering a pay rise of £1,400 a year for hundreds of thousands of full-time workers in Scotland.

“We’re also banning exploitative zero-hour contracts as part of the biggest upgrade to workers’ rights in a generation through our Employment Rights Bill to deliver better job security for those in work.”

STV News is now on WhatsApp

Get all the latest news from around the country

Follow STV News
Follow STV News on WhatsApp

Scan the QR code on your mobile device for all the latest news from around the country

WhatsApp channel QR Code
Posted in