By Max Clarke
Unemployment in Scotland has continued to fall although the rate of decrease slowed during June.
Jobs growth continues to outpace the UK mean, although the second quarter lull raises concern, the Bank of Scotland’s Report on Jobs has today revealed.
“The Scottish labour market improved in June, albeit at a slower rate than in previous months, providing further evidence of a slowing of the economy in quarter two of this year,” said Donald MacRae, Chief Economist at Bank of Scotland. “Recruitments agencies reported a continuing rise in demand for new staff and a higher number of people securing jobs. However the rates of increase in vacancies available to both permanent and temporary workers were the lowest in five and nine months respectively.”
"Permanent salaries increased for the sixth consecutive month but at a slower pace than May. The number of permanent positions increased further in June, although the latest rise was the slowest in six months. Temporary staff billings also grew solidly, with the rate strengthening since May. This is the third month in a row this year that the Scottish labour market has outperformed the UK as a whole”