Scotland has seen a new record-low unemployment rate, with a small increase in people in work.
Data from the Office for National Statistics showed 3.1 per cent of people aged 16 and over were out of work from November 2022 to January this year. This is about 88,000 people.
It was down 0.2 per cent on the previous three-month period from August to October last year and was down 0.7 per cent from the year before.
The latest figures show that 76.5 per cent of people in Scotland aged 16 to 64 years are employed. This means about 2,633,000 people were in work between November last year and January.
This is a slight increase of 0.5 per cent on the previous quarter, and 2 per cent more than in the same period last year.
But it is a small decrease on the final three months of 2022 when 76.6 per cent were in work. This was the highest recorded since the labour force survey series began in 1992.
Employment minister Richard Lochhead said: “The low unemployment rate across Scotland and close to record high employment rates for all 16 to 64-year-olds are welcome but certain industries still face recruitment challenges.
“The Scottish Government is delivering on the National Strategy for Economic Transformation to create a fairer, wealthier and greener country, while ensuring everyone can thrive in a diverse and inclusive workforce.
“The UK Government holds key powers over parts of employment law and has refused to devolve powers on migration, which could boost Scotland’s workforce and tackle the recruitment challenges, many of which have been caused by the end of free movement and the hard Brexit imposed on Scotland by the UK Government.
“I have repeatedly called on UK ministers to establish a joint taskforce on labour market shortages. An urgent rethink of UK Government immigration policy is needed so there is increased access to the international labour and skills that Scotland needs for our economy and communities to flourish.”
Scottish Secretary Alister Jack said: “Today’s figures reflect that, although we still face significant challenges, Scotland’s labour market remains resilient.
“We have record numbers of people on the payroll and unemployment remains around historic lows.
“There is more to do to stabilise our economy and this week the Chancellor will set out the next steps in our plan to grow the UK economy, halve inflation and to cut debt.
“These will include measures to boost opportunity across the country, including expected support for Edinburgh’s festival economy, which contributes more than £300 million a year to the UK.”
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