16/07/2008

Increase In Employment Levels, Latest Figures Show

Latest figures show an increase in employment levels with unemployment remaining low in Northern Ireland.

Output from Northern Ireland's production and service sectors was relatively constant in the first quarter of 2008. Production output was up over the year.

The Northern Ireland seasonally adjusted unemployment rate was 4.1% for the period March to May 2008. This represents a slight decrease from the rate of 4.3% recorded last quarter and is also marginally lower than the rate of 4.2% recorded in the same period one year ago. The latest Northern Ireland rate compares to the United Kingdom average rate of 5.2% and is considerably lower than the European Union rate of 6.7% for April 2008.

Seasonally adjusted figures for the same period estimate that there were 798,000 people in employment in Northern Ireland - the highest figure on record. The new figures represent an estimated increase of 1.2% in employment levels over the quarter and a rise of 0.6% over the year.

However the number of people claiming unemployment related benefits was 25,700 in June. This shows an increase of 600 from the previous month, and an increase of 1,500 over the year.

The latest seasonally adjusted working age economic inactivity rate in Northern Ireland (26.1%) has fallen from the figure of 26.9% recorded for the previous quarter. The Northern Ireland rate is higher than the UK average rate (20.9%) and is the highest of the UK regions.

(JM/KMcA)

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