皇冠体育app

皇冠体育app unemployment rate in Wales has hit an-all time low with a record number of people now in work, latest figures show.

Headlines from the latest Labour Market Statistics include:

• 皇冠体育app employment level in Wales is up 18,000 over the quarter to 1.457 million and the rate is up 1.2 percentage points to 73.2 per cent. Over the year, the level increased by 34,000 and the rate was up 1.9 percentage points. 皇冠体育app employment level and the employment rate are at the highest level on record
• 皇冠体育app unemployment level is down 10,000 over the quarter to 63,000 and the rate is down by 0.7 percentage points to 4.1 per cent. Over the year, the level decreased by 35,000 and the rate was down 2.3 percentage points. 皇冠体育app unemployment level is at its lowest since 2005 and the unemployment rate is at its lowest on record. 皇冠体育app rate in Wales is now 0.8 percentage points lower than the unemployment rate for the UK as a whole, which is 4.9 per cent
• Economic inactivity is down 14,000 over the quarter to 449,000 and the rate is down by 0.7 percentage points to 23.6. Over the year, the level decreased by 2,000 and the rate was down 0.1 percentage points. 皇冠体育app claimant count increased by 300 (0.7 per cent) between July and August but fell 2,100 over the year. 皇冠体育app rate now stands at 2.9 per cent.

Alun Cairns, Secretary of State for Wales, said:

鈥淭his record breaking data on jobs is testament to the ability of the Welsh economy to create jobs and reduce unemployment. We are seeing more people in work than ever before and the jobless rate at a historic low as the Welsh employment market rapidly closes the gap on the rest of the UK.

鈥溁使谔逵齛pp indicators are that welfare reform has played its part with some of the sharpest falls in unemployment seen in places like Merthyr Tydfil, Blaenau Gwent and Caerphilly. Going back to work now makes better financial sense than ever, and we are ending the culture of homes with no history of a parent in work which has blighted some parts of our country.

鈥淲hat today鈥檚 figures reflect is a confident economy powering ahead and reaping the benefits of hard decisions taken by the previous Government. While Brexit will undoubtedly bring challenges in its wake, the economy in Wales is in great shape to face the transition ahead.鈥�