What is the industrial composition and future prospects of Wales and its local economies?
Wales is rapidly gaining jobs in high-paying industries such as R&D, Aerospace or Telecommunications. However, a third of the workforce is still employed in very low paying industries like Retail or Residential Services. How can Wales avoid becoming an unequal, hourglass-shaped economy? There is an opportunity around economically unique creative and knowledge intensive sectors that have seen rapid business growth between 2011 and 2015.
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