Thursday, March 15, 2007

Economists baffled by five-day turnaround in Welsh economy

March 9, 2007: Work and Pensions Secretary John Hutton in an interview with PA on why there are higher rates of unemployment and incapacity benefit claims in the Valleys:

It's a historic reflection of the mass unemployment of the mid-80s and early '90s. I think we are still suffering from the effect of that.

March 14, 2007: Enterprise Minister Andrew Davies in an Assembly Government press release on the record high number of people working in Wales according to the Office for National Statistics:

With employment at a record high and a sharp fall in economic inactivity, these latest figures clearly show how we have removed the blight of mass unemployment which scarred our communities during the 1980s and 1990s.

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