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<p>Universal Credit is helping parents to move into and remain in work, offering the
best opportunity for families to move out of poverty and to improve children’s long-term
outcomes. Universal Credit helps families with the cost of living by providing budgeting
support and paying up to 85% of childcare costs.</p><p> </p><p>Since the introduction
of Universal Credit to Newport West at the end of 2017, unemployment has fallen by
over 40%, with 1,000 fewer people unemployed. The employment rate in Newport West
is above the average for Great Britain.</p><p> </p><p>Universal Credit continues to
have a positive effect on the labour market in Wales with 34.4% of claimants in Wales
in employment. Unemployment in Wales is at a new record low, with an unemployment
rate of 3.0%, below the UK average of 3.8%.</p><p> </p>
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