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50,000 apprenticeships to be funded in Wales

Over 50,000 apprenticeships will be funded in Wales, it's been announced today.

The funding will cover a range areas including construction. Credit: ITV Wales News

The £144 million EU and Welsh Government investment will fund 52,000 apprenticeships in West Wales and the Valleys over the next four years, with the majority of places targeted at 16-24 year olds.

The funding will cover a range areas including construction, engineering, IT and retail.

Further funding for apprenticeships is expected to be announced over the coming weeks.

New figures reveal 12,000 fewer unemployed in Wales

Official figures show Wales' unemployment rate stands at 6.2 per cent, compared with 5.6 per cent UK-wide.

Between December and February, 92,000 people in Wales were unemployed - 12,000 fewer than the previous quarter.

Wales' unemployment rate stands at 6.2 per cent - higher than the UK average. Credit: PA

Across the UK, unemployment fell by 76,000 in the three months to February.

According to the Office for National Statistics, the drop brings the number of people now not in work down to 1.84 million - with a record 31 million people in work.

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