The latest labour market statistics for Wales, covering September/October 2025, revealed that Wales’ unemployment rate has risen again to 6.1%, levels not seen since mid-2015 and a considerable rise of 1.4 percentage points on the quarter.
The Cardiff Capital Region City Deal is a £1.2 billion collaborative investment. The initial Cardiff Capital Region City Deal goal was to create 25,000 new jobs, but where?
The Welsh Conservatives have criticised Rachel Reeves’ budget and “Plaid and Labour’s stitch-up of a [budget] deal” that will result in “even more of the same economic decline”.
Commenting, Welsh Conservative Shadow Cabinet Secretary for Economy and Energy, Samuel Kurtz MS said:
“Labour and Plaid’s unemployment crisis is deepening; the Welsh Government must get a grip.
“Rachel Reeves’ latest budget has hit business hard, with unemployment rising every month under Labour and yet again is higher than elsewhere here in Wales. Labour can’t be trusted with the economy.
“The Welsh Conservatives are offering a bold and costed tax-cutting agenda to kickstart the economy, like the abolition of stamp duty and cuts to business rates, but Plaid and Labour’s stitch-up of a budget deal will mean even more of the same economic decline.”
- Unemployment in Wales remains the highest of all the nations of the UK. In October it rose to 5.7%, compared with a 5.1% UK figure.
- Employment in Wales remained unchanged on the month at 70.8% in October and is the lowest of all of the nations of Britain (not NI). The UK rate was 74.9%.
- Economic inactivity in Wales in October was 24.5%, the highest in Britain. The UK rate was 21%.
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