15/05/2018

Northern Ireland Unemployment Rate Falls To Lowest Ever Level

The unemployment rate in Northern Ireland has fallen to its lowest ever level, according to a recent Labour Force Survey.

New figures revealed the unemployment rate is 3.1% for the first quarter of 2018, lower than the UK rate of 4.2%, and down 0.8% from the last quarter.

The figure is also below the European Union (7.1%) and the Republic of Ireland (6.1%) rates.
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The survey also estimates that 51% of those unemployed in NI were unemployed for a year or more, more than double of the UK (25.3%).

Overall, the employment rate is currently 69.7%.

(CM/LM)

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