Minister for Economy, Vaughan Gething on the latest labour market statistics

COMMENTING on today’s labour market statistics, Economy Minister Vaughan Gething said:

“The Coronavirus pandemic has not only been a health crisis for us here in Wales, but it has been an economic one too. Individuals and businesses have faced one of the most difficult years on record – but the Welsh Government has been, and remains, absolutely committed to supporting Welsh businesses through this pandemic.

“We’ve taken bold steps to protect firms and livelihoods. Our £2 billion plus business support package, has helped business the length and breadth of Wales through these incredibly difficult times, safeguarding more than 160,000 jobs, and just last week we announced that businesses still under restrictions, such as pubs, restaurants and entertainment venues would be entitled to further payments of up to £25,000 to help them with their costs through to the end of June. Those businesses will also continue to benefit from our full 12 month 100% rates relief scheme in Wales.

“Our Working Wales service has supported over 20,000 people in terms of skills and jobs, offering advice and support to people age 16 plus to find work, pursue self-employment or find a place in education or training, with hiring incentives for employers to recruit individuals most affected by Covid-19.

“My main priority now is to lead Wales’ economic recovery. I will work in social partnership with business and with trade unions to rebuild and strengthen our economy; protecting livelihoods and creating new jobs across Wales.”