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Monthly data which covers topics such as employment, indices, exports and earnings.

The most recent data in this report is for the three months to March 2020.

The data will cover a very short period of the coronavirus (COVID-19) pandemic and it will be difficult to fully determine any impacts this may have had until more recent data is available.

Employment rate

Chart showing the percentage of the population aged 16-64 who are employed for Wales and the UK. The employment rate in the UK is generally higher than in Wales over the last 10 years. The rate has steadily increased in the UK over the last 4 years but has fluctuated in Wales.

Wales: The employment rate in Wales was 74.3%. This is 0.1 percentage points down on the quarter and 1.1 percentage points down on the year.

UK: The UK employment rate was 76.6%. This is 0.2 percentage points up on the quarter and 0.6 percentage points up on the year.

Unemployment rate

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Wales: The unemployment rate in Wales was 3.2%. This is 0.3 percentage points up on the quarter and 1.3 percentage points down on the year.

UK: The UK unemployment rate was 3.9%. This is 0.1 percentage points up on the quarter and 0.1 percentage points up on the year.

Economic inactivity rate

Chart showing the percentage of the population aged 16-64 who are economically inactive for Wales and the UK. The economic inactivity rate in Wales is higher than in the UK over the last 10 years. The rate has steadily decreased in the UK over the last 4 years but has fluctuated in Wales.

Wales: The economic inactivity rate in Wales was 23.2%. This is 0.1 percentage points down on the quarter and 2.3 percentage points up on the year.

UK: The UK economic inactivity rate was 20.2%. This is 0.3 percentage points down on the quarter and 0.7 percentage points down on the year.

According to data from the Department for Work and Pensions (DWP), between the 17 March and 5 May 2020, there were 892,000 Universal Credit advances in Great Britain. Of this, 757,000 were new claims or benefit transfers.

Reports

Key economic statistics, May 2020 , file type: PDF, file size: 1 MB

PDF
1 MB
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