22/11/2012

Rise In Gross Weekly Earnings

Figures released today show that Northern Ireland full-time weekly private sector earnings increased by 2.0% over the year compared to 1.5% in the UK.

Gross weekly earnings for all NI employees (full and part-time) increased by 1.6% over the year. Earnings in the UK increased by 1.3% over the year.

Commenting on the figures, Enterprise Minister Arlene Foster said: "It is pleasing to note that gross weekly earnings have increased over the year to April 2012 and at a slightly higher rate than in the UK. Whilst this is encouraging it is recognised that in order to reduce further the pay gap that exists between NI and the UK, as well as promoting economic recovery, the private sector requires more highly paid jobs.

"Supporting the economy in Northern Ireland to enable a move towards more productive and high paying jobs remains a key priority for my Department and Invest Northern Ireland. This can only be achieved by continuing to make Northern Ireland an attractive place for investment and improving our export performance. This in turn depends on increasing productivity, competitiveness and innovation along with a sound skills base.

"There are many business success stories in Northern Ireland and I believe there are many other local businesses who can be equally successful, despite the current difficult economic circumstances."

(CD)

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