Drop in unemployment welcome but Wales still blighted by low-wage economy

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Plaid Cymru AM for Carmarthen East and Dinefwr, Adam Price has today welcomed the drop in Welsh unemployment levels but warned that the positive headlines hide the real story of growing economic inactivity in Wales.

Mr Price said that Wales was still blighted by a low-wage economy meaning that in-work poverty is a very real problem facing many people throughout the country, and made the case for infrastructure investment to create high-skilled, well-paid jobs.

Plaid Cymru Shadow Cabinet Secretary for Business, Economy and Finance, Adam Price AM said:

"Plaid Cymru welcomes the drop in unemployment in Wales from 4.6% to 4.3%, taking us further below the UK average of 4.9%.

"However, this positive headline hides the fact that economic inactivity in Wales has risen by 0.8%‎ - a worrying figure which highlights the fact that fewer people are in work or looking for work.

"The main problem facing workers in Wales is that they are blighted by a low-wage economy, meaning that in-work poverty is a real issue.

"Plaid Cymru has long advocated a modest increase in infrastructure spending in order to get the Welsh economy moving by creating high-skilled, well-paid jobs and to generate sustainable growth.

"We also want to see the introduction of a real living wage - not the sham version adopted by the then Chancellor Osborne - so that people aren't struggling to make ends meet despite being in employment."

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