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Self-employment rises in Wales - Office of National Statistics | Self-employment rises in Wales - Office of National Statistics |
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By Sarah Dickins BBC Wales economics correspondent | By Sarah Dickins BBC Wales economics correspondent |
The number of people working for themselves is rising in Wales, new figures show. | The number of people working for themselves is rising in Wales, new figures show. |
The proportion of self-employed in the workforce in Wales is 13%, slightly below the UK average of 14%. | The proportion of self-employed in the workforce in Wales is 13%, slightly below the UK average of 14%. |
The Office of National Statistics (ONS) says self-employment has risen since the financial crisis began in 2008. | The Office of National Statistics (ONS) says self-employment has risen since the financial crisis began in 2008. |
The numbers in Wales rose 4,000 to 177,000 in Wales over a four year period. | |
The rise has been particularly steep across the UK since 2011. The most common occupations are taxi drivers, construction, carpenters and farmers. | The rise has been particularly steep across the UK since 2011. The most common occupations are taxi drivers, construction, carpenters and farmers. |
There are now 367,000 more people working for themselves across the UK than in 2008. | There are now 367,000 more people working for themselves across the UK than in 2008. |
The number of self-employed workers increased in all nations and regions except Northern Ireland where the number fell. | The number of self-employed workers increased in all nations and regions except Northern Ireland where the number fell. |
The ONS figures, which look back over a four-year period, show that five out of six of the increase in people working for themselves are men over the age of 50. | The ONS figures, which look back over a four-year period, show that five out of six of the increase in people working for themselves are men over the age of 50. |
They are likely to work longer hours than employed people. | They are likely to work longer hours than employed people. |
Only 5% of workers between 16 and 24 work for themselves. | Only 5% of workers between 16 and 24 work for themselves. |