Business Minister: Economic situation still 'challenging'
Unemployment in Wales might have fallen, but Business Minister Edwina Hart says the economic situation here remains 'challenging'.
– Edwina Hart AM
The poor performance of the global economy, together with spending cuts imposed by the UK Government, mean our economic prospects continue to be very uncertain.
Whilst the UK Government holds all the major macroeconomic tools, the Welsh Government is doing all we can to help people back into jobs or training.
Unemployment in Wales down by 1,000
Unemployment in Wales has fallen. In the three months to November it fell 1,000 to 124,000 - a rate of 8.4%.
Latest unemployment figures expected
The latest unemployment figures are expected to be released today.
The last set of figures from the Office of National Statistics revealed a big fall in unemployment across Wales, with 15,000 fewer people out of work.