With the media love in of Dave and his new friend Nick continuing, it’s worth reminding ourselves that there is other news to report and the latest UK unemployment figures from the Office of National Statistics for the previous three months were published today and they make grim reading.
Overall UK unemployment rose by 53,000 to 2.5 million and in Wales the total rose by 11,000 in the three months to March, the figure now stands at 133,000.
With the possibility of big job losses on the way for the public sector across the UK and Wales its worth highlighting a new report from Ernest and Young ITEM club entitled Entrepreneurs: powering job creation in the UK which says ‘medium sized fast-growth entrepreneurial companies key to plugging unemployment gap as public sector cuts loom’ – the question is does Wales have enough of them to offset the public sector job losses, I’m not so sure.
I am also waiting the political response because it’s now a problem for the Tories and Lib Dems as well as Labour and Plaid Cymru. It will be fascinating to see what each camp says about today’s figures, given the fingers in the ears response from WAG followed by the scorn poured on them by the Tories and Lib Dems that is so familiar here in Wales.Any source
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