Wales has nearly 500,000 people classed as being economically inactive
Unemployment in Wales has risen slightly but remains below the rate for the UK as a whole.
According to the ONS, unemployment in Wales was up 0.3% in the three months from February to April to 3.8%. For the UK unemployment was down 0.3% to 4.9% on the previous quarter.
On the three months to March UK unemployment was down from 5% .Of the UK nations and regions unemployment was only lower than in Wales in the south east of England (also 3.8%) and Northern Ireland at 1.7% – although the province has the highest economic inactivity rate in the UK. The highest unemployment rate remains London at 6.6%.
On the previous quarter the number of unemployed in Wales was up 5,000 to 59,000. On the year it was down 14,000. For the UK it was down 105,000 to 1.6 million, but up 124,000 on the year.
Wales has the third lowest employment rate in the UK of working age adults, behind the north east of England (71.1%) and Northern Ireland (71.9%) at 72.3%. The rate for the UK as a whole is 75%.
The number of working age people in Wales classed as economically inactive – so not actively seeking employment – was 24.8%. It was only higher in Northern Ireland at 26.8%. For the UK as a whole it was 21%. The number of economically inactive, which includes those on long-term sick, in Wales stands at 484,000 – which was down 11,000 on the quarter. Amongst young people, aged 16 to 24, some 17% – higher than the UK level -are classed at Neets (not in education, employment or training.)
As with the previous Labour Welsh Government, the new Plaid Cymru administration said say that the ONS figures, based on its Labour Force Survey, had to taken with a degree of caution. While the ONS, headquartered in Newport, is continuing its work on improving the robustness of the survey, Cabinet Minister for Enterprise, Connectivity Adam Price is seeking a meeting to discuss the reliability of the data.
A spokesman for the Welsh Government said; “As a newly elected Government we are committed to driving investment, innovation and higher productivity across Wales.
We have announced a National Productivity Goal to close the gap with the rest of the UK and help unlock the full potential of the Welsh economy.
“By focusing on productivity, we will deliver more jobs, higher pay, stronger businesses and thriving communities.
“This goal will give direction to our new Welsh innovation and development agency, shaping how we support businesses, develop skills and invest in the foundations of a stronger, more competitive Welsh economy.
“Evidence from a range of sources suggest the labour market in Wales is following a similar trend to the UK as a whole.
Amid continued interventions from the Office for National Statistics to increase the quality of the Labour Force Survey data, we continue to recommend using the LFS data alongside the trends in other measures of the labour market to gain a clearer picture of the Welsh labour market.
Latest figures from the Annual Population Survey (APS) show the unemployment rate for people aged 16 and over in Wales was 4.5% compared to the UK rate of 4.4%. It also shows Wales’ employment rate is relatively close to the all-time high.
“The Cabinet Minister for Enterprise, Connectivity and Energy, Adam Price, is keen to meet with the ONS to discuss the reliability of Labour Market data for Wales.”
On the UK picture Liz McKeown, ONS director of economic statistics, said: “The labour market remained broadly stable in the latest quarter, with further softening evident in some measures.
Payroll numbers continued to fall over this period, with new recruits at their lowest level in five years.”
She added there were “some signs of workers moving into self‑employment”, while the vacancies decline signalled firms are “becoming more cautious about taking on new staff”.
The ONS said its vacancies survey showed some firms are putting recruitment on hold due to economic uncertainty and higher labour costs.






You must be logged in to post a comment Login