Figures released today show that in Wales, there are 1,504,600 people in work – meaning that, under the Conservatives, 167,292 more people have been able to access the security of a job since 2010.
In Newport, the number of people who are claiming key out-of-work benefits has fallen by 1,099 since 2010 – an overall reduction of 21.5 per cent, meaning fewer people now need this support because they have the security of a job.
The figures show that the number of people in work has reached a record high, while the unemployment rate is at its lowest since the mid-1970s, at 3.8 per cent.
And with wages rising at their fastest pace in 11 years – ahead of inflation – people’s pay packets can go further.
Behind every employment number is a person and a family whose self-esteem, mental wellbeing, economic circumstances and life chances are all vastly improved by being in the workplace.
Mohammad Asghar has welcomed these figures, saying:
“These figures show our balanced approach to the economy is working. We are backing businesses across the country to create more, higher-paying jobs through our modern Industrial Strategy.
“There are a record number of people now in work and the Conservatives will continue to help people build a better future for themselves and their families.
“Labour don’t know how to handle the economy and would hurt the people they claim they want to help, just like last time.”