The Office of National Statistics today released Labour force data which shows that unemployment in Wales has fallen by 3,000 in the 3 months to June 2010 compared to the 3 months to March 2010. Unemployment fell from 133,000 to 130,000 or 9.3% to 9%. This data follows the pattern throughout the UK
Other data of interest from the statistics are the % of 16 to 64 year olds who are economically active: 73.5% (76%), and economically inactive: 26.5%(24%). Previous quarter figures are in brackets.
Whilst these figures are indeed a step in the right they need to be treated with caution and no predictions of economic recovery can be made until we have seen several quarters of falling unemployment.