South-East Wales

• The latest population of South East Wales is 1.42 million.
• According to the 2005 Welsh Index of Multiple Deprivation, of the 923 Lower Super Output Areas in South East Wales, 123 (13%) are in the top 10% most deprived in Wales.
• 75 per cent  of year 11 school leavers in 2006 continued in full-time education. 63 per cent of year 11 leavers remaining in full-time education stayed on school while 37 per cent opted to continue to year 12 in a further education college.
• 67 per cent of all adults of working age have a qualification at level 2 or above, with 26 per cent at level 4 or above. 16 per cent of the working age population have no qualifications.

Economic data

• Gross Value Added in South East Wales was £19.0 billion in 2004.  South East Wales is home to 32,000 VAT registered businesses and has a workforce of 640,000 people.
• At £14,800, GVA per head of the population in South East Wales in 2004 was 87 per cent of the UK average.
• There are 361 VAT registered businesses per 10,000 working age population in South East Wales, compared to 475 for Wales and 519 across the UK.

Labour Market

• At 6.2 per cent, the unemployment rate in South East Wales for the year to March 2007 was above that for Wales as a whole and the UK (both 5.3 per cent).
• The employment rate in South East Wales was 69.7 per cent of the working age population, a little below the Wales average and well below the UK average (71.0 and 74.1 per cent respectively).
• The service sector accounted for 79 per cent of jobs in South East Wales in 2005, a little above the figure for Wales (77 per cent) but below the average for the UK (81 per cent).
• Full-time average earnings in South East Wales in April 2007 were £481.5 per week, above the £472.1 for Wales as a whole and 88 per cent of the UK average.

 

Source: StatsWales

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