Key Economic Statistics, October 2010

The release includes latest information from a range of sources and covers a variety of time periods. This release updates the statistics previously released on 15 September 2010.

The key points from the latest ONS release are:

The Labour Force Survey estimates for the 3 months to August 2010 show:

• The employment rate for those aged from 16 - 64 in Wales was 67.2 per cent, up from 66.8 per cent in the same period a year earlier.  The UK average was 70.7 per cent.
• The unemployment rate in Wales was 8.2 per cent of the economically active, down from 9.1 per cent in the same period a year earlier.  For the UK as a whole it was 7.7 per cent.
• The rate of economic inactivity for those aged from 16 - 64 in Wales was 26.6 per cent, up from 26.4 percent in the same period a year earlier.  The UK average was 23.2 per cent.

The claimant count rate in September 2010 for Wales was 5.1 per cent of the workforce, down 0.6 percentage points on September 2009 (UK rate 4.5 per cent, down 0.4 percentage points).

The key economic statistics bulletin which will be published on Friday will include new:  Sub-Regional labour market data for the year to 31 March 2010; and Indices of Production and Construction data for Q2 2010.

Further information

StatsWales website.

Office for National Statistics website: Labour Market Statistics Regional Monthly Data.

Contact

Tel: 029 2082 5017
E-mail: economic.stats@wales.gsi.gov.uk

Next update

17 November 2010