Small economic miracles even within the manacles of devolution

It is so hard to look beyond the Covid 19 story currently that lots of good news can get missed. I realise that the economic stats from even very recently are now being rewritten by the impacts of Covid 19 but these very recent 2 examples from Scotland’s Chief Statistician demonstrate that – even within the manacles of the devolution settlement – the SNP Scottish Govt and majority YES Scottish Parlt have been working small miracles with our economy despite Brexit and Johnson’s publicly stated policy to ‘F—- business”. Link and snippets below:

https://news.gov.scot/news/employment-unemployment-and-inactivity-for-young-people

Statistics from the Annual Population Survey have been released which show that 328,000 young people aged 16-24 years were in employment in Scotland in January 2019 to December 2019. The employment rate for young people was 57.9%, higher than a year ago (57.2%).

In the same period, 30,000 young people aged 16-24 years were unemployed. The unemployment rate for young people was 8.3%, lower than a year ago (9.6%).

In the same period, 209,000 young people aged 16-24 years were economically inactive. The economic inactivity rate for young people was 36.9%, higher than the year before (36.7%).

https://news.gov.scot/news/economy-grows-0-2-percent-in-the-fourth-quarter-of-2019

The Chief Statistician has released statistics showing that the economy grew by 0.2% during the fourth quarter of 2019, covering the period October to December.

Change in gross domestic product (GDP) is the main indicator of economic growth. Over the year, compared to the fourth quarter of 2018, the economy has grown by 0.7%. In 2019 the economy has grown by 0.8% compared to 2018.

2 thoughts on “Small economic miracles even within the manacles of devolution

  1. From beeb Scotland news page:

    A seafood company in the Western Isles says it has been hit hard by the economic impact of the coronavirus crisis.

    Barra Atlantic, which is heavily reliant on exporting its produce to Spain and France, says orders have collapsed.

    Managing director Christina MacNeil says the island economy could suffer serious damage.

    The company is freezing what it can but Ms MacNeil said: “Once the freezers are full we cannot go any further and we have to stop the boats from going out fishing. Then there will be no work for the processors.”

    The impacts of the Covid 19 situation on Scotland’s seafood producers/ exporters + processors gives us a front seat preview of the post-Brexit export climate. Scotland cannot SENSIBLY continue to permit her vital national industries to be put at risk by the ideological fashions and fetishes of our Ukanian friends and neighbours. Ukania, rightly, has her interests and preferences – and in Scotland we have our own interests and preferences.

    Indy can sort this dilemma to the benefit of both Ukania and Scotland. Lets do it soon.

    Like

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.