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SCC COMMENT ON UNEMPLOYMENT FIGURES
[ 23-01-2013 ]
Commenting on the news that Scottish unemployment fell by 14,000 in the three months to November 2012, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said:
“The reduction in Scottish unemployment in the run up to Christmas last year is welcome but there are underlying issues which remind us that Governments north and south of the border need to keep their feet on the gas in terms of action to stimulate our economy.
“The figures show that despite the fall in unemployment, the number of people in work actually fell over the same period, whilst over the year as a whole, employment only increased by 1,000 overall. This is also against the background of this week’s report from the Joseph Rowntree Foundation which revealed that unemployment among Scots under the age of 25 has doubled to 90,000 over the past five years.
“Unemployment and, indeed, underemployment are major factors in suppressing consumer demand and this, in turn, is holding back economic recovery. The Scottish and UK Governments must act decisively to support businesses and reduce the barriers to growth if the private sector is to create the jobs Scotland needs going forward.
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