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14/08/2015
UUP Concerned Over NI Labour Market Report
Ulster Unionist Party Economy spokesperson Adrian Watson MLA has said he is concerned by the latest figures in the Northern Ireland Labour Market Report showing continuing high levels of youth unemployment and economic inactivity.
Mr Watson said: "The latest Labour Force Survey figures should be a cause for concern for those of us with an interest in the economic success of Northern Ireland PLC. The Northern Ireland unemployment rate is estimated at 6.5% which is 0.9% above the UK average.
"Looked at critically, we still have the highest level of economic inactivity in the United Kingdom at 27.4%, and the lowest rate of employment at 67.6%. Youth unemployment also remains stubbornly high at 19.5% in Northern Ireland- well above the UK average rate of 14%.
"Overall the figures indicate a level of welfare dependency which the economic policies of the Executive are simply not addressing. We must remember the longer term context. The labour force statistics for the second quarter of 2007- when the Assembly and Executive were re-established under DUP/Sinn Fein dominance- showed an unemployment rate in Northern Ireland of 3.7%, lower than both the then UK average of 5.4% and the Republic's 4.1%."
(CD)
Mr Watson said: "The latest Labour Force Survey figures should be a cause for concern for those of us with an interest in the economic success of Northern Ireland PLC. The Northern Ireland unemployment rate is estimated at 6.5% which is 0.9% above the UK average.
"Looked at critically, we still have the highest level of economic inactivity in the United Kingdom at 27.4%, and the lowest rate of employment at 67.6%. Youth unemployment also remains stubbornly high at 19.5% in Northern Ireland- well above the UK average rate of 14%.
"Overall the figures indicate a level of welfare dependency which the economic policies of the Executive are simply not addressing. We must remember the longer term context. The labour force statistics for the second quarter of 2007- when the Assembly and Executive were re-established under DUP/Sinn Fein dominance- showed an unemployment rate in Northern Ireland of 3.7%, lower than both the then UK average of 5.4% and the Republic's 4.1%."
(CD)
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Although still under the UK average, unemployment in Northern Ireland has gone up again. The numbers of people who are deemed 'economic inactive' has also continued to rise. However, on the plus side, the numbers actually in work rose again by 1,000 to 781,000 over the quarter and 9,000 on the year.
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Although still under the UK average, unemployment in Northern Ireland has gone up again. The numbers of people who are deemed 'economic inactive' has also continued to rise. However, on the plus side, the numbers actually in work rose again by 1,000 to 781,000 over the quarter and 9,000 on the year.
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NI Unemployment Rate Increases By 0.4%
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Figures released today for the period December - February 2013 show that the Northern Ireland unemployment rate increased by 0.4 percentage points, over the quarter to 8.4%. More recent figures for March 2013 show that the number of unemployment benefit claimants increased by 100 over the month.
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Unemployment Figures Represent More Failure - Nesbitt
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Northern Ireland WeatherThis Evening and Tonight:Continuing cloudy through the evening with further outbreaks of rain, the rain turning lighter and patchier from the south as the night progresses. Winds remain light. Minimum temperature 8 °C.
