Economy & work

The challenges for Wales’s economy and employment are to generate growth that benefits everyone and eradicate worklessness, low pay and inequality.

 Why it matters

The economy and labour market are beset by low employment,  below average wages, and a lack of innovation and growth. With few signs of growth ahead, the challenge is not only to build a strong and resilient economy and labour market, but also one that is fair and benefits everyone.

What we are doing

We are developing proposals to improve the economy and labour market – recent projects include:

New business models – the potential of co-operatives

We have profiled the wider importance of co-operatives as well as highlighting, with the Wales Co-operative Centre, the contribution of co-operatives to the Welsh economy and labour market and the potential of community co-operatives.

Living Wage

Our participation in the Living Wage Commission identified the potential of the Living Wage to improve the standard of living of hundreds of thousands of employees in Wales.