Economic Overview

The most up-to-date official statistics on the economy and labour market updated 22nd January 2019

Claimant Count Annual Average Maps 

Next Northern Ireland Labour Market Report: 19th February 2019

Latest Labour Market Report

At a glance
Labour Force Survey

  • The unemployment rate (16+) for the period Sep-Nov 2018 was estimated at 3.4%
  • The number of persons in employment (16+) in the period Sep-Nov 2018 was estimated at 845,000
  • The seasonally adjusted economic inactivity rate (16-64) for Sep-Nov 2018 was estimated at 27.9%

Further information on the Labour Force Survey

Claimant Count (experimental)

  • The NI seasonally adjusted provisional claimant count (Experimental) stood at  29,500 (3.2% of the workforce) in December 2018.

Further information on Claimant Count

Quarterly Employment Survey

  • Seasonally adjusted estimates from the Quarterly Employment Survey show that there were 765,880 employee jobs in September 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 increased by 0.4% in real terms from Quarter 2 (April – June) 2018 to Quarter 3 (July – September) 2018. The index increased by 2.1% over the year to Quarter 3 2018.

Further information on the Northern Ireland Composite Economic Index

Index of Services

  • Services output in Northern Ireland (NI), in real terms, increased over the quarter by 1.3% and over the year by 3.4%.

Further information on the Index of Services

Index of Production

  • The NI IOP has increased over the quarter for the third consecutive quarter (0.9%).

Further information on the Index of Production

Index of Construction

  • The total volume of construction output in the third quarter of 2018 increased by 5.5% compared with Q2 2018, and was 2.0% higher compared to the same quarter in 2017. Despite fluctuations, the total volume of construction output in NI has been on an upward trend since Q4 2013.

Further information on the Index of Construction

Annual Survey of Hours and Earnings

  • Median gross weekly earnings for full-time employees in April 2018 were £521, an increase of 4.2% from £500 in 2017. This is the largest increase recorded since 2015 (5.4%)

Further information on the Annual Survey of Hours and Earnings

Redundancies

  • During December 2018 the Department was notified of 41 confirmed redundancies in Northern Ireland

Further information on Redundancies