(8 years, 8 months ago)
Commons Chamber7. What assessment he has made of trends in the level of employment in Wales; and if he will make a statement.
Employment in Wales is now at a record high, with more people than ever before having the security of a pay packet to provide for themselves and their family. Aston Martin has been mentioned. That is testimony to the significant investment that Wales is attracting.
As a former student of Aberystwyth University, the oldest and the best law school in Wales, I have been pleased to see that more than 80% of employees in mid-Wales are now employed by small and medium-sized enterprises. Will the Minister join me in acknowledging the significance of that thriving community to the economy in Wales?
My hon. Friend is right and he is a true champion of Aberystwyth and of mid-Wales. He will be pleased to hear that there are 3,500 additional small businesses in that area, with an extra 5,500 people going out to work every day since 2010 as a result of the economic stability we have brought about.