13/11/2002

Jobless total shows slight rise to 6.3%

The latest official figures indicate that the percentage of unemployed in the province remains largely unchanged since this time last year, but the figure has risen by around 2,000 on the previous period.

Commenting on the regional Labour Market Statistics, Parliamentary Under-Secretary of State with responsibility for the economy, Ian Pearson, said: “Figures released this morning for the period July – September 2002 show there are now approximately 49,000 people unemployed, according to the International Labour Organisation (ILO) definition.

“At 6.3%, the seasonally adjusted unemployment rate for this quarter is very similar to the figure for the same period last year."

Mr Pearson said that since he took up the job last month he had met local business people and visited local companies to find out at first hand what they saw as the challenges ahead.

He said: "They realise that Northern Ireland is not immune from the tightening in world markets, but there is considerable confidence amongst business leaders who are determined to get on with the job of building the economy."

He added that as he got to grips with his portfolio, he would "continue to listen to the views of those on the ground on tackling serious issues and work with them towards a productive partnership".

The Northern Ireland statistics at 6.3% remain lower than the EU 15-country average of 7.7% and are lower than London (7.1%) and Scotland (6.4%).

Overall 17,000 (35.1%) of the ILO unemployed have been out of work for one year or more, up 0.5 percentage points on one year earlier.

“The seasonally adjusted claimant count unemployment figure in Northern Ireland at October 2002 was 35,100 or 4.5% - slightly lower than the rate a year ago,” Mr Pearson added.

The Minister also said that figures just released for the Annual Northern Ireland New Earnings Survey (NES) showed that the average weekly wage in Northern Ireland in 2002 was £390 - a growth of 4% in earnings between April 2001 and April 2002 compared to an average inflation rate of 1.5% in the UK over the same period.

The latest figures would not yet include a number of recent substantial jobs losses from local firms.

(SP)

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