Economic Overview

The most up-to-date official statistics on the economy and labour market updated 24th January 2018

Claimant Count Annual Average Maps 

Next Northern Ireland Labour Market Report: 21th February 2018

Latest Labour Market Report

At a glance
Labour Force Survey

 

  • The unemployment rate for the period September - November 2017 was estimated at 3.8% 
  • The number of persons in employment in the period September - November 2017 was estimated at 837,000
  • The NI economic inactivity rate for September - November 2017 for those aged 16-64 was estimated at 28.2%

Further information on the Labour Force Survey

Claimant Count

  • The seasonally adjusted claimant count increased by 100 from last month's revised total. It now stands at 29,200 (3.2% of the workforce) in December 2017

Further information on Claimant Count

Quarterly Employment Survey

  • Seasonally adjusted estimated from the Quarterly Employment Survey show that there were 752,040 employee jobs in September 2017

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 1.2% in real terms between Quarter 3 2016 and Quarter 3 2017

Further information on the Northern Ireland Composite Economic Index

Index of Services

  • The Index of Services (IOS) reported growth in output over the quarter (1.0%) and over the year (2.5%) to quarter 3 (July - September) 2017

Further information on the Index of Services

Index of Production

  • The Index of Production (IOP) reported a decrease in output over the quarter (3.6%) and over the year (6.5%) to quarter 3 (July - September) 2017

Further information on the Index of Production

Index of Construction

  • The total volume of construction output in the third quarter of 2017 increased by 1.2% compared with Q2 2017 and was 11.3% higher compared to the same quarter in 2016

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 December 2017 the Department was notified of 186 confirmed redundancies in Northern Ireland

Further information on Redundancies