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Commenting on the latest Labour Market Statistics, Minister for Economy, Transport and North Wales, Ken Skates said:

First published:
11 August 2020
Last updated:

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“We recognise these figures don’t tell the whole story of how coronavirus is impacting our economy and that the full picture will become clearer over the coming months and as UK Government support schemes wind down.

“However, as a Welsh Government, we are doing all that we can to protect businesses and jobs from the severe effects of the pandemic. Our £1.7bn package of support which is the most generous anywhere in the UK and is in addition to UK Government support, has benefited thousands of firms across Wales. This includes our unique Economic Resilience Fund which has provided crucial financial support to more than 12,000 companies, helping to protect around 75,000 jobs.

“We also recently announced a £40m jobs and skills package which will provide help for anyone who needs it to find work, education or training or to start their own business at this challenging time. This support will be key in helping Wales recover from coronavirus and ensure no one is left behind.

“We continue to press the UK Government to maintain the vital furlough and self-employment income support schemes, until we are through the worst of the crisis.”

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