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18/01/2006
NI's unemployment rate remains unchanged
The unemployment rate in Northern Ireland is below the UK average and output levels for production and service sector industries have increased, according to a report issued today by the Department of Enterprise, Trade and Investment.
Between September and November last year, the unemployment rate in the province was 4.6%, and has remained unchanged since the previous quarter.
However, this has shown a drop of 0.8% sine the same time last year.
This latest announcement indicates that the unemployment rate in Northern Ireland is considerably lower than some areas in Europe.
Last month, the number of people claiming benefit here decreased by 300, with a total drop in people claiming benefits by 800 over the year.
Product output levels show an increase of 2.8% over a 12 month period in comparison to a fall of 1.2% in the UK as a whole.
Commenting on the figures, Enterprise Minister Angela Smith said: "The Northern Ireland labour market is continuing to perform well. Unemployment levels remain below the UK average and employment has increased by 2.9% during the last year.
“The positive results by our production and service sector industries also indicate that the Northern Ireland economy is performing well. The annual growth in output levels for both the production and service sector industries is significantly higher than the UK equivalent. This shows that NI companies are continuing to rise to the challenge and are producing encouraging results in the face of difficult trading conditions.
“Through the implementation of the Economic Vision we will continue to encourage firms to develop new products and services, to seize business opportunities as they arise and to avail of the new technologies and infrastructure that are now available."
The Enterprise Minister concluded by saying that earlier this week she had announced that Northern Ireland has become one of only a few regions in the world that can offer 100% broadband access.
She added that these opportunities exist for our businesses to fully utilise the benefits of broadband and compete in new markets throughout the world.
(EF/SP)
Between September and November last year, the unemployment rate in the province was 4.6%, and has remained unchanged since the previous quarter.
However, this has shown a drop of 0.8% sine the same time last year.
This latest announcement indicates that the unemployment rate in Northern Ireland is considerably lower than some areas in Europe.
Last month, the number of people claiming benefit here decreased by 300, with a total drop in people claiming benefits by 800 over the year.
Product output levels show an increase of 2.8% over a 12 month period in comparison to a fall of 1.2% in the UK as a whole.
Commenting on the figures, Enterprise Minister Angela Smith said: "The Northern Ireland labour market is continuing to perform well. Unemployment levels remain below the UK average and employment has increased by 2.9% during the last year.
“The positive results by our production and service sector industries also indicate that the Northern Ireland economy is performing well. The annual growth in output levels for both the production and service sector industries is significantly higher than the UK equivalent. This shows that NI companies are continuing to rise to the challenge and are producing encouraging results in the face of difficult trading conditions.
“Through the implementation of the Economic Vision we will continue to encourage firms to develop new products and services, to seize business opportunities as they arise and to avail of the new technologies and infrastructure that are now available."
The Enterprise Minister concluded by saying that earlier this week she had announced that Northern Ireland has become one of only a few regions in the world that can offer 100% broadband access.
She added that these opportunities exist for our businesses to fully utilise the benefits of broadband and compete in new markets throughout the world.
(EF/SP)
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