National Assembly for Wales

To propose that the National Assembly for Wales:

1. Notes that approximately 40 per cent of the workforce is employed in the 'Foundational Economy' supplying essential goods and services such as: infrastructures; utilities; food processing, retailing and distribution; and health, education and care.

2. Recognises that these sectors are often more resilient to external economic shocks and have considerable potential to generate greater local value from the provision of localised goods and services.

3. Regrets that many of the sectors within the Foundation Economy are marked by low paid and insecure jobs

4. Calls on the Welsh Government to develop a strategy to maximise the impact of the 'Foundational Economy' across Wales as part of its work on developing a new economic strategy, including measures to improve employment conditions in those sectors.