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Key economic statistics

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  • Release date: 17 July 2018
  • Period covered: 3 months to May 2018
  • Next update: 19 July 2018
Monthly data which covers topics such as employment, indices, exports and earnings.

The Labour Force Survey estimates for the 3 months to May 2018

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 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 74.0 per cent. This is 1.0 percentage points up on the quarter and 1.4 percentage points up on the year.
  • UK: The UK employment rate was 75.7 per cent. This is 0.3 percentage points up on the quarter and 0.7 percentage points up on the year.

Unemployment rate

Chart showing the percentage of economically active people aged 16+ who are unemployed for Wales and the UK. The unemployment rate has decreased overall in both Wales and the UK over the last 4 years.

  • Wales: The unemployment rate in Wales was 4.5 per cent. This is 0.1 percentage points down on the quarter and 0.1 percentage points down on the year.
  • UK: The UK unemployment rate was 4.2 per cent. This is 0.1 percentage points down on the quarter and 0.3 percentage points down 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 22.5 per cent. This is 0.9 percentage points down on the quarter and 1.3 percentage points down on the year.
  • UK: The UK economic inactivity rate was 21.0 per cent. This is 0.2 percentage points down on the quarter and 0.5 percentage points down on the year.

Notes

As agreed with the Office for Statistics Regulation, these statistics will be updated at 12.30pm on the day of release by the Office for National Statistics. StatsWales tables will follow within 48 hours.

The next key economic statistical bulletin will be published on 19 July 2018.

Contact

Statistician
Tel: 0300 025 6960
Email: economic.stats@gov.wales

Media
Tel: 0300 025 8099

Details

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