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ONS: Unemployment in Wales falls by 3,000 | ONS: Unemployment in Wales falls by 3,000 |
(34 minutes later) | |
Unemployment in Wales has fallen to 120,000, latest figures from the Office of National Statistics show. | |
The monthly update shows 8.2% of the working population is out of work, which means between December and February the unemployment rate was down by 3,000 on the previous three months. | |
The number is also down 11,000 compared with the same period in 2012. | The number is also down 11,000 compared with the same period in 2012. |
Welsh Secretary David Jones said the news was a "welcome step-change" but the economic recovery remained fragile. | |
"I am particularly pleased to see that the unemployment rates in Wales are falling and that, over the year, the employment rate has increased," he added. | |
"However, while these figures are a welcome step-change, we must not be complacent. | |
"Only last week, we saw the disappointing closure of the Welsh Country Foods plant on Anglesey with the loss of 350 jobs. | |
"This simply reinforces the need for constant vigilance and co-ordinated action across governments to make sure we maximise opportunities to maintain and create employment in Wales." | |
UK unemployment has risen by 70,000 to 2.56m, or 7.6% of working people. | UK unemployment has risen by 70,000 to 2.56m, or 7.6% of working people. |