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12/10/2005
NI experiencing record employment level
Northern Ireland is experiencing record employment levels and output levels in both production and service sector industries are growing, according to the latest government figures.
The latest labour market figures, released today, report the highest employment level on record and an unemployment rate equal to the lowest ever in Northern Ireland.
Seasonally adjusted figures revealed that there were 758,000 people in employment in NI in the period June to August 2005, an increase of 2.6% over the quarter and 4.9% over the year.
The NI seasonally adjusted unemployment rate of 4.6% for the period June to August 2005 has fallen from 4.9% in the previous quarter, but is unchanged from the rate for the same period last year. This latest rate equals the lowest ever recorded in NI and is lower than the UK average (4.7%). It is also considerably lower than the EU25 average (8.6%) for July 2005.
Over the last three months, the number of people claiming unemployment related benefits fell by 700. The latest seasonally adjusted claimant count figure stands at 27,900, down 1,800 over the year.
Commenting on the figures, Enterprise, Trade and Investment Minister, Angela Smith said: "It is very encouraging to see that the Northern Ireland labour market is getting stronger. Employment is at a record high and the unemployment rate remains low, at a level below the UK average."
The Minister also welcomed the latest figures for the production and service sectors of Northern Ireland, which showed that in the second quarter of 2005 output levels increased by 1.1% over the year, compared to a fall of 1.8% for the UK as a whole.
Over the quarter output from the Northern Ireland production industries increased by 1.4%, while the equivalent figure for the UK showed no change.
Provisional results from the experimental Index of Services (IOS) for the second quarter of 2005 estimate that the Northern Ireland service sector has increased by 6.2% in real terms since the same period last year. This compares with an estimated increase of 2.1% for the UK as a whole over the same period.
(SP/MB)
The latest labour market figures, released today, report the highest employment level on record and an unemployment rate equal to the lowest ever in Northern Ireland.
Seasonally adjusted figures revealed that there were 758,000 people in employment in NI in the period June to August 2005, an increase of 2.6% over the quarter and 4.9% over the year.
The NI seasonally adjusted unemployment rate of 4.6% for the period June to August 2005 has fallen from 4.9% in the previous quarter, but is unchanged from the rate for the same period last year. This latest rate equals the lowest ever recorded in NI and is lower than the UK average (4.7%). It is also considerably lower than the EU25 average (8.6%) for July 2005.
Over the last three months, the number of people claiming unemployment related benefits fell by 700. The latest seasonally adjusted claimant count figure stands at 27,900, down 1,800 over the year.
Commenting on the figures, Enterprise, Trade and Investment Minister, Angela Smith said: "It is very encouraging to see that the Northern Ireland labour market is getting stronger. Employment is at a record high and the unemployment rate remains low, at a level below the UK average."
The Minister also welcomed the latest figures for the production and service sectors of Northern Ireland, which showed that in the second quarter of 2005 output levels increased by 1.1% over the year, compared to a fall of 1.8% for the UK as a whole.
Over the quarter output from the Northern Ireland production industries increased by 1.4%, while the equivalent figure for the UK showed no change.
Provisional results from the experimental Index of Services (IOS) for the second quarter of 2005 estimate that the Northern Ireland service sector has increased by 6.2% in real terms since the same period last year. This compares with an estimated increase of 2.1% for the UK as a whole over the same period.
(SP/MB)
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Figures released today have revealed that Northern Ireland has the highest number of jobs on record and an unemployment rate equal to its lowest ever level. Statistics from the Quarterly Employment Survey have shown that the unemployment rate from the period of November 2005 until January 2006 had dropped to 4%.
NI unemployment remains at low level
Figures released today have revealed that Northern Ireland has the highest number of jobs on record and an unemployment rate equal to its lowest ever level. Statistics from the Quarterly Employment Survey have shown that the unemployment rate from the period of November 2005 until January 2006 had dropped to 4%.
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