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Unemployment rate rises to 4.8%


The Welsh unemployment rate rose in the three months to February to 123,000, a rate of 4.8%, with the unemployment rate for the UK at 4.9%.

The figures released by the Office for National Statistics show the number of people unemployed was 3,000 higher than in November, and 18,000 higher than the same time a year prior.

Despite the rise in unemployment, employment was also 12,000 higher than the three months to November and 5,000 higher than the same period in 2020.

Commenting on unemployment rising in Wales but falling elsewhere across the UK, Welsh Conservative economy spokesman Russell George said: “Coronavirus has devastated Wales and exposed our economic fragility after 22 years of Labour in government, and it’s very concerning to see unemployment rising in Wales but dropping elsewhere across the UK.”

“We need change in Wales as we can’t afford another five years of same old Labour failing to deliver, and only the Welsh Conservatives have a plan to get our economy on the road to recovery with 65,000 new jobs and a £2 billion investment in our creaking infrastructure.”

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