Richard Darlington, from the Institute for Public Policy Research, commented on the organisation's survey suggesting 41,000 extra under-25s will be out of work this year.
"I'm afraid that the signs for the economy according to the Office for Budget Responsibility is that the slowdown is going to continue." he said.
"Unfortunately, unemployment tends to lag the rest of the economy and we're not going to see unemployment fall in Wales until about 2013."
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It will represent another boost to the region, after the announcement Deca Sealand was chosen for a repair hub for defence aircraft.
The Welsh Government says it will enable more than 3000 new students to study healthcare related courses across Wales.
All this week, we're focusing on the Valleys and what makes them so special to the people that live there.