Economic Overview

The most up-to-date official statistics on the economy and labour market updated 14th August 2018

Claimant Count Annual Average Maps 

Next Northern Ireland Labour Market Report: 11th September 2018

Latest Labour Market Report

At a glance
Labour Force Survey

  • The unemployment rate (16+) for the period April-June 2018 was estimated at 3.8%
  • The number of persons in employment (16+) in the period April-June 2018 was estimated at 845,000
  • The seasonally adjusted economic inactivity rate (16-64) for April-June 2018 was estimated at 27.9%
     

Further information on the Labour Force Survey

Claimant Count (experimental)

  • The seasonally adjusted claimant count decreased by 400 from last month's revised total. It now stands at 28,100 (3.1% of the workforce) in July 2018
     

Further information on Claimant Count

Quarterly Employment Survey

  • Seasonally adjusted estimates from the Quarterly Employment Survey show that there were 763,440 employee jobs in March 2018.
     

Further information on the Quarterly Employment Survey

Composite Economic Index

  • The Northern Ireland Composite Economic Index (NICEI) results show that NI economic activity was estimated to have decreased by 0.3% in real terms from Quarter 4 2017 to Quarter 1 2018.

 

Further information on the Northern Ireland Composite Economic Index

Index of Services

  • Provisional results from the seasonally adjusted Index of Services for the first quarter (January - March) of 2018 show that output in Northern Ireland (NI), in real terms, increased over the quarter by 0.7% and over the year by 1.1%

 

Further information on the Index of Services

Index of Production

  • Provisional results from the Index of Production (IOP) for the first quarter (January-March) of 2018 showed that output in Northern Ireland (NI) decreased marginally over the quarter (0.2%) and fell 5.1% over the year

 

Further information on the Index of Production

Index of Construction

  • The total volume of construction output in the first quarter of 2018 decreased by 6.5% compared with Q4 2017

 

Further information on the Index of Construction

Annual Survey of Hours and Earnings

  • Median gross weekly earnings for full-time employees in April 2017 were £501, an increase of 1.5% from £494 in 2016. This is the first time median gross weekly earnings for full-time employees have exceeded £500

Further information on the Annual Survey of Hours and Earnings

Redundancies

  • During July 2018 the Department was notified of 133 confirmed redundancies in Northern Ireland

 

Further information on Redundancies