14/09/2017
Latest Labour Force Survey Shows Fall In Employment Rate
The latest figures from the Labour Force Survey have revealed that the employment rate fell by 1.3% over the year to August 2017.
The Survey, from Northern Ireland Statistics & Research Agency, also revealed that the economic inactivity rate (27.8%) increased by 1.5% over the year.
However, the number of people claiming unemployment related benefits stood at 29,800 (3.3% of the workforce) in August 2017, representing a decrease of 200 from the previous month's revised figure.
The latest NI unemployment rate of 5.3% is above the UK average of 4.3% but remains below the European Union (7.7%) rate and Republic of Ireland (6.3%) rate for June 2017.
The full list of figures from the Labour Force Survey are available on the Department of the Economy website.
The Survey, from Northern Ireland Statistics & Research Agency, also revealed that the economic inactivity rate (27.8%) increased by 1.5% over the year.
However, the number of people claiming unemployment related benefits stood at 29,800 (3.3% of the workforce) in August 2017, representing a decrease of 200 from the previous month's revised figure.
The latest NI unemployment rate of 5.3% is above the UK average of 4.3% but remains below the European Union (7.7%) rate and Republic of Ireland (6.3%) rate for June 2017.
The full list of figures from the Labour Force Survey are available on the Department of the Economy website.
Related Northern Ireland Business News Stories
Click here for the latest headlines.
25 October 2017
Global Entrepreneurship Week Events Announced
Belfast City Council has announced a range of free events to celebrate Global Entrepreneurship Week.
Global Entrepreneurship Week Events Announced
Belfast City Council has announced a range of free events to celebrate Global Entrepreneurship Week.
13 March 2017
Mid Ulster Council's Tendering System To Move Online
Mid Ulster District Council's tendering system is to move online from 01 April. The move means any procurement exercise worth over £30,000 will be managed electronically, with potential suppliers and contractors registering their details and completing all necessary documentation via a web-based portal.
Mid Ulster Council's Tendering System To Move Online
Mid Ulster District Council's tendering system is to move online from 01 April. The move means any procurement exercise worth over £30,000 will be managed electronically, with potential suppliers and contractors registering their details and completing all necessary documentation via a web-based portal.
14 August 2001
Inflation rate fall may herald a further interest rate cut
Speculation is growing that a fall in the underlying inflation rate, down to 2.2 per cent, may give the Bank of England’s Monetary Policy Committee further room for manoeuvre to lower interest rates. Continued severe pressure on manufacturing industry has prompted further calls from industry leaders seeking another cut in the UK interest rate.
Inflation rate fall may herald a further interest rate cut
Speculation is growing that a fall in the underlying inflation rate, down to 2.2 per cent, may give the Bank of England’s Monetary Policy Committee further room for manoeuvre to lower interest rates. Continued severe pressure on manufacturing industry has prompted further calls from industry leaders seeking another cut in the UK interest rate.
29 November 2004
Survey reveals falling business crime rate
According to the latest figures in the first national Government business crime survey conducted since 1994, overall crime is down 30% since 1997. Crime against retailers is seven percentage points lower than almost ten years ago and crime against manufacturers 12 percentage points lower.
Survey reveals falling business crime rate
According to the latest figures in the first national Government business crime survey conducted since 1994, overall crime is down 30% since 1997. Crime against retailers is seven percentage points lower than almost ten years ago and crime against manufacturers 12 percentage points lower.
11 June 2018
Council Hosts Last Business Networking Event Of 2017-18
The last business networking event of the 2017-18 Lisburn & Castlereagh City Council’s Entrepreneurs Network was held on Thursday 31st May with a packed audience in the Civic Centre’s Island Hall.
Council Hosts Last Business Networking Event Of 2017-18
The last business networking event of the 2017-18 Lisburn & Castlereagh City Council’s Entrepreneurs Network was held on Thursday 31st May with a packed audience in the Civic Centre’s Island Hall.
-
Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.