Labour Market Report October 2022

The latest labour market statistics were published today (11th October 2022) by the Northern Ireland Statistics & Research Agency.

The latest labour market statistics were published today (11^th October 2022) by the Northern Ireland Statistics & Research Agency.

Payrolled employees and monthly earnings recorded a decrease over the month

The number of employees receiving pay through HMRC PAYE in NI in September 2022 was 780,800, a 0.1% decrease over the month and a 2.6% increase over the year. This was the first monthly decrease in over a year (since August 2021).
Earnings from the HMRC PAYE indicated that NI employees had a median monthly pay of £1,944 in September 2022, a decrease of £31 (1.6%) over the month and an increase of £102 (5.5%) over the year. This was the largest monthly decrease in earnings in over a year.

In September 2022, the seasonally adjusted number of people on the claimant count was 35,900 (3.8% of the workforce), which was an increase of 1.3% from the previous month’s revised figure. This represents the first monthly increase in the claimant count since February 2021. The September claimant count remains higher than the pre-pandemic count in March 2020 (by 20.6%).

NISRA, acting on behalf of the Department for the Economy, received confirmation that 150 redundancies occurred in September 2022, taking the annual total to 1,100.
190 redundancies were proposed in September 2022. Over the year October 2021 to September 2022, 1,410 redundancies were proposed.

The latest NI seasonally adjusted unemployment rate (the proportion of economically active people aged 16 and over who were unemployed) for the period June-August 2022 was estimated from the Labour Force Survey at 3.0%. This was an increase of 0.4 percentage points (pps) over the quarter and a decrease of 1.4pps over the year. The annual change was statistically significant.
The proportion of people aged 16 to 64 in work (the employment rate) decreased by 0.1pps over the quarter and increased by 0.9pps over the year to 69.9%. Neither the quarterly nor annual changes were statistically significant. The total number of weekly hours worked in NI (26.7 million) decreased by 4.5% over the quarter and increased by 1.2% over the year.
The economic inactivity rate (the proportion of people aged 16 to 64 who were not working and not seeking or available to work) decreased by 0.2pps over the quarter and increased by 0.1pps over the year to 27.8%. Neither the quarterly nor annual changes were statistically

The statistical bulletin and associated tables are available on the Labour Market Report - October 2022 page.

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