NEWS RSS

Unemployment fall welcomed, but 50,000 jobs would make the difference

18/10/2021

Plaid Cymru’s Plan C needed to plug unemployment gap

The Party of Wales has welcomed today’s fall in unemployment figures from the Office of National Statistics, but warned that much more was required to improve Wales’ economic performance.

Today’s figures showed that there were 125,000 people in Wales unemployed, compared with around 75,000 before the recession began nearly five years ago.

Plaid Cymru Economy Minister Alun Ffred Jones said:

“The fall in unemployment in Wales in the past quarter and over the past year is a positive sign, but there is still a lot of ground to cover if any sort of economic recovery is to be sustained.

“When the economic crisis began nearly five years ago, there were 50,000 fewer people unemployed in Wales than there are now.

“However, Leanne Wood’s plan for creating 50,000 jobs in Wales through better use of our purchasing power would get us back to that position.

“The Welsh Government must also create jobs through investment in construction spending on schools, hospitals, roads and homes to further boost employment, but the Welsh government needs job-creating levers such as taxation powers to make this happen.”