13/08/2003

Unemployment figures fall despite recent jobs cuts

The number of people unemployed in Northern Ireland has fallen, according to latest Labour Force Figures.

Seasonally adjusted figures released this morning for the period April – June 2003 show there are approximately 40,000 people unemployed, a fall of 1,000 from the estimate one year earlier.

However, while employment has also grown strongly over the last five years, and increased by 20,000 over the year, it fell by 15,000 over the quarter.

Commenting on the figures, Enterprise Minister, Ian Pearson said: "The latest picture shows that unemployment remains at historically low levels. Just over two thirds of the working age population are in work with 20,000 more people in employment than a year ago.

"These low unemployment and high employment levels are encouraging signs that the Northern Ireland economy continues to show resilience against a background of global uncertainty.”

At 5.2%, the seasonally adjusted unemployment rate for this quarter is down by 0.2 percentage points from the equivalent figure a year ago. As it stands, the Northern Ireland statistics are lower than four other UK regions: London (7.1%), North East (6.0%), West Midlands (5.6%) and Scotland (5.5%).

Latest figures also show that at job centres across Northern Ireland there are a total of 7,098 unfilled vacancies.

(MB)

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