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Rising Unemployment Underlines Need to Invest in Skills

[ 15-07-2009 ]

Commenting on the latest rise in Scottish unemployment, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said:
“These latest unemployment figures for Scotland are disappointing but unfortunately not surprising.  Businesses across many sectors are having to operate on extremely tight margins and sadly many have had to cut back on staff, losing highly skilled individuals in the process.
“Scottish unemployment continues to remain below the UK average, but we expect the picture to get worse before it gets better.  It is vital that we look to the future and plan to retain the skills within our economy that will help businesses to emerge from the recession in a stronger and more competitive position.  Our colleges and universities have a key role to play here and must receive the investment they need to ensure that our skills base remains high.”