11/06/2019

Employment Rate Reaches Joint Record High

The employment rate in Northern Ireland has reached a joint record high, a new report has revealed.

The latest Labour Force Survey (LFS) estimates for February-April show a 0.4 percentage point increase in the employment rate to 71.3%.

Along with strong employment, the sector has also seen a fall in the unemployment rate which now sits at 3.1%.

The economic inactivity rate was unchanged over the quarter and decreased by 1.4pps over the year to 26.4%.
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Despite encouraging estimates, approximately 581 confirmed redundancies were also notified to the Department in May 2019, an increase from the revised total of 60 notified in April 2019.  

(CM/MH)

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