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Commercial Credit News
|FSB: Unsettling jobs figures are amber warning|
|Wednesday, 18 May 2016|
Unemployment in Scotland increased by 8,000 between January and March to stand at 169,000, according to official figures published today. New figures also show that Scottish employment rate is now 73.1% compared to the UK average of 74.2%
Colin Borland, the FSB’s head of external affairs in Scotland, said: “Today’s unsettling jobs figures should trigger an amber alert for Scotland’s governments.
“The decline in the oil and gas industry is obviously a factor – with the impact now being felt beyond the north of the country and the immediate supply chain.
“But, right across the economy, many small businesses are grappling with a raft of new regulatory changes, including the National Living Wage and new pension rules. These changes may be dampening recruitment intentions in our vital service sector.”
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