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Unemployment in Wales up by 2,000

Business, News | Richard Gurner | Published: 15:57, Wednesday July 17th, 2013.

Unemployment in Wales has risen by 2,000 according to latest figures from the the Office for National Statistics.

The number of people out of work between March and May this year was 2,000 more than the previous quarter and 10,000 less than the same period last year.

Unemployment in Wales now stands at 122,000, a rate of 8.2% with 1.4 million people in Wales in work during the three months.

A Welsh Government spokesperson said: “Today’s figures show a further improvement in the labour market in Wales, which has again performed better than the UK as a whole, and are consistent with other economic data and business survey results which have shown some positive signs in recent months.”

Janet Jones, the Federation of Small Businesses Welsh Policy Unit Chair, said: “While the number of unemployed people in Wales has risen on the previous quarter, crucially there has been a rise of 10,000 in the number of people aged 16 to 64 in employment in the three months to May.

“That figure sits well with our research that shows that small firms were, on balance, confident about the future in the second quarter of this year; the first time that has been the case for three years.

“There is still a long way to go before the economy is firing on all cylinders, but there is a feeling among many of our members that things are improving, and we know that small firms are becoming more confident about the outlook when it comes to employing staff.”

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