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12 February 2011
Last updated at 05:04 ET
Ed Miliband is making his first official visit to Wales since being elected Labour party leader.
Ahead of meeting business people in the Vale of Glamorgan, Mr Miliband said unemployment should be falling faster.
He accused the UK government of taking a "big gamble" with the economy.
"What I see is an economy where there are real signs of weakness in terms of employment, in terms of growth and now inflation as well, " Mr Miliband told BBC Radio Wales.
"That's a bad combination."
He criticised the UK government and said there were "real signs of weakness" and it was making the wrong choices.
"I hope their gamble pays off but it is a big gamble."
His comments came after Justice Secretary Ken Clarke told the Daily Telegraph the middle classes were unaware of the scale of government spending cuts that will hit them this year.
Mr Miliband said: "Ken Clarke has warned this morning of some of the implications of the cuts being made. What you see is a government which has a plan to get rid of jobs in the public sector but not enough of a plan to replace them in the private sector."
Party supporters He said he welcomed all encouraging signs but the economy shrank in the last quarter, and part of the problem was too much money being taken out of the economy.
Mr Miliband also told BBC Radio Wales Labour in Westminster could emulate some of the policies of the Welsh assembly government and praised the way Welsh students are being protected from the hike in students fees and the continuation of the maintenance grant.
"I think we can learn from some of the things Carwyn [Jones] is doing here as first minister and the Welsh Assembly Government is doing but unfortunately are not happening in England," he added.
After meeting local business leaders in Barry, Mr Miliband is due to address party supporters in Cardiff.
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Ahead of meeting business people in the Vale of Glamorgan, Mr Miliband said unemployment should be falling faster.
He accused the UK government of taking a "big gamble" with the economy.
"What I see is an economy where there are real signs of weakness in terms of employment, in terms of growth and now inflation as well, " Mr Miliband told BBC Radio Wales.
"That's a bad combination."
He criticised the UK government and said there were "real signs of weakness" and it was making the wrong choices.
"I hope their gamble pays off but it is a big gamble."
His comments came after Justice Secretary Ken Clarke told the Daily Telegraph the middle classes were unaware of the scale of government spending cuts that will hit them this year.
Mr Miliband said: "Ken Clarke has warned this morning of some of the implications of the cuts being made. What you see is a government which has a plan to get rid of jobs in the public sector but not enough of a plan to replace them in the private sector."
Party supporters He said he welcomed all encouraging signs but the economy shrank in the last quarter, and part of the problem was too much money being taken out of the economy.
Mr Miliband also told BBC Radio Wales Labour in Westminster could emulate some of the policies of the Welsh assembly government and praised the way Welsh students are being protected from the hike in students fees and the continuation of the maintenance grant.
"I think we can learn from some of the things Carwyn [Jones] is doing here as first minister and the Welsh Assembly Government is doing but unfortunately are not happening in England," he added.
After meeting local business leaders in Barry, Mr Miliband is due to address party supporters in Cardiff.
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