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16/03/2016
Unemployment Rate Unchanged Over Last 12 Months
The latest unemployment rate in Northern Ireland is 6%, a decrease of 0.1% over the quarter, according to the latest Northern Ireland Labour Force Survey.
Figures released today for the period November – January 2016 show that in February 2016 the number of claimants in receipt of unemployment related benefits stood at 38,300, an increase of 200 over the month. There has been a fall of 8,000 in the unemployment claimant figures over the last 12 months.
The employment rate (69.0%) increased over the quarter and the year to November – January 2016 with the highest number of working age persons in employment since the series began in 1992. The economic inactivity rate decreased over both periods to 26.4%. This is also the lowest inactivity rate since the series began in 1992, though it is still higher than that of the UK (21.8%).
Businesses reported (in the Quarterly Employment Survey) that the number of employee jobs increased over the quarter to December 2015 (0.5% or 3,310 jobs) and over the year (1.6% or 11,590 jobs) to 730,410.
Commenting on the figures Enterprise, Trade and Investment Minister Jonathan Bell said: "Despite a slight increase in the numbers claiming unemployment related benefits, there are many encouraging messages in the figures published today. I welcome in particular the record employment numbers and the historic low in economic inactivity rates. In addition, the number of employee jobs continues to increase.
"While the Northern Ireland unemployment rate (6.0%) is above that for the UK (5.1%), it continues to compare very favourably to the December 2015 rate for the European Union (9.0%) and the January 2016 rate for the Republic of Ireland (8.6%)."
Economic output measures showed increases over the quarter and year in both the production and services sectors. The Index of Production increased by 1.3% over both the quarter and year, while the Index of Services showed an increase of 0.6% over the quarter and 2.0% over the year.
(MH)
Figures released today for the period November – January 2016 show that in February 2016 the number of claimants in receipt of unemployment related benefits stood at 38,300, an increase of 200 over the month. There has been a fall of 8,000 in the unemployment claimant figures over the last 12 months.
The employment rate (69.0%) increased over the quarter and the year to November – January 2016 with the highest number of working age persons in employment since the series began in 1992. The economic inactivity rate decreased over both periods to 26.4%. This is also the lowest inactivity rate since the series began in 1992, though it is still higher than that of the UK (21.8%).
Businesses reported (in the Quarterly Employment Survey) that the number of employee jobs increased over the quarter to December 2015 (0.5% or 3,310 jobs) and over the year (1.6% or 11,590 jobs) to 730,410.
Commenting on the figures Enterprise, Trade and Investment Minister Jonathan Bell said: "Despite a slight increase in the numbers claiming unemployment related benefits, there are many encouraging messages in the figures published today. I welcome in particular the record employment numbers and the historic low in economic inactivity rates. In addition, the number of employee jobs continues to increase.
"While the Northern Ireland unemployment rate (6.0%) is above that for the UK (5.1%), it continues to compare very favourably to the December 2015 rate for the European Union (9.0%) and the January 2016 rate for the Republic of Ireland (8.6%)."
Economic output measures showed increases over the quarter and year in both the production and services sectors. The Index of Production increased by 1.3% over both the quarter and year, while the Index of Services showed an increase of 0.6% over the quarter and 2.0% over the year.
(MH)
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Northern Ireland WeatherToday:A rather cloudy morning, with a little patchy light rain or drizzle to start. Skies clearing and becoming dry and increasingly sunny in the afternoon. Maximum temperature 13 °C.Tonight:Dry with prolonged clear spells through the evening and overnight. This will allow for some fog patches to develop in places overnight. Minimum temperature 2 °C.
