Updated
Updated · The Irish News · Jul 21
Northern Ireland Unemployment Falls to 1.8% as Employment Edges Up to 72.1%
Updated
Updated · The Irish News · Jul 21

Northern Ireland Unemployment Falls to 1.8% as Employment Edges Up to 72.1%

2 articles · Updated · The Irish News · Jul 21

Summary

  • Northern Ireland’s labour market was broadly flat in June, with unemployment at 1.8% in March-May and the employment rate for ages 16-64 rising to 72.1%.
  • HMRC payroll employment held at 820,800 over the month, while median monthly pay climbed £21 to £2,480 and was up 4.9% from a year earlier.
  • Hours worked rose 3.1% on the quarter to 29.5 million, economic inactivity slipped to 26.5%, and the claimant count fell 1.8% in June to 33,800, or 3.3% of the workforce.
  • Redundancy pressure also eased, with confirmed redundancies down 23% year on year to 1,670 and proposed redundancies falling 5% to 2,860.
  • Claimant numbers still remain 13% above pre-pandemic levels, and employers are balancing steady pay growth against higher employment costs and uncertainty over the wider UK policy backdrop.

Insights

Is Northern Ireland's record-low unemployment masking a deepening crisis for its disabled workers and youth?
With UK policy shifts and deep funding cuts, is Northern Ireland's post-Brexit economic resilience about to end?