18/02/2015
Rise In Year-Long Unemployed
The number of people unemployed for one year or more in Northern Ireland rose 8.2 % to 55.6% over the period October - December 2014, according to the latest labour market figures.
The unemployment rate for 18-24 year olds was 17.8%, down 5.4% over the year, compared to the UK average rate of 14.2%.
The Northern Ireland seasonally adjusted unemployment rate, was estimated at 5.7% for the period October - December 2014, indicating a drop of 0.3% from the rate recorded in the previous quarter and a 1.6% fall from the rate recorded one year ago.
The Northern Ireland unemployment rate was the same as the UK average rate.
The number of people claiming unemployment related benefits stood at 48,200 in January 2015, down 1,700 from the revised figure for the previous month.
Enterprise, Trade and Investment Minister Arlene Foster said: "The decrease in the unemployment rate, alongside the continued decrease in the Northern Ireland claimant count is encouraging. The number of claimants has fallen in each of the last 25 months, which is the most sustained decrease since the series began.
"The last month has seen continuing evidence of job creation and significant investment in business for Northern Ireland. However, fluctuating markets mean challenges remain and yesterday's announcement by Bombardier is a regrettable result of reduced customer demand for some of its products."
It was announced yesterday that Bombardier Aerospace in Belfast will cut 130 jobs .
"Invest NI officials continue to maintain close contact with Bombardier management in supporting the company's ongoing activities in Northern Ireland," Minister Foster said. "I very much hope that the flexible nature of the arrangements Bombardier has in place means that those who are losing their position will be able to return when the situation changes."
(IT/MH)
The unemployment rate for 18-24 year olds was 17.8%, down 5.4% over the year, compared to the UK average rate of 14.2%.
The Northern Ireland seasonally adjusted unemployment rate, was estimated at 5.7% for the period October - December 2014, indicating a drop of 0.3% from the rate recorded in the previous quarter and a 1.6% fall from the rate recorded one year ago.
The Northern Ireland unemployment rate was the same as the UK average rate.
The number of people claiming unemployment related benefits stood at 48,200 in January 2015, down 1,700 from the revised figure for the previous month.
Enterprise, Trade and Investment Minister Arlene Foster said: "The decrease in the unemployment rate, alongside the continued decrease in the Northern Ireland claimant count is encouraging. The number of claimants has fallen in each of the last 25 months, which is the most sustained decrease since the series began.
"The last month has seen continuing evidence of job creation and significant investment in business for Northern Ireland. However, fluctuating markets mean challenges remain and yesterday's announcement by Bombardier is a regrettable result of reduced customer demand for some of its products."
It was announced yesterday that Bombardier Aerospace in Belfast will cut 130 jobs .
"Invest NI officials continue to maintain close contact with Bombardier management in supporting the company's ongoing activities in Northern Ireland," Minister Foster said. "I very much hope that the flexible nature of the arrangements Bombardier has in place means that those who are losing their position will be able to return when the situation changes."
(IT/MH)
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14 May 2019
NI Unemployment Rate Hits Record Low
The Northern Ireland unemployment rate has dropped to a record low in the last quarter. Figures released in the Labour Force Survey (LFS) show the amount of unemployed people between January and March 2019 fell by almost one percentage point, to 2.9%. The inactivity rate stands at 26.5% after decreasing by 0.
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The Northern Ireland unemployment rate has dropped to a record low in the last quarter. Figures released in the Labour Force Survey (LFS) show the amount of unemployed people between January and March 2019 fell by almost one percentage point, to 2.9%. The inactivity rate stands at 26.5% after decreasing by 0.
10 April 2018
Rate Bills Due To Be Issued To Homes And Businesses
Rate bills are due to be issued to homes and businesses in Northern Ireland from Land & Property Services (LPS), part of the Department of Finance. The bill outlines the amount due for the billing period 2018/19 and includes any debt from previous years that has not been paid, along with any rate relief where applicable.
Rate Bills Due To Be Issued To Homes And Businesses
Rate bills are due to be issued to homes and businesses in Northern Ireland from Land & Property Services (LPS), part of the Department of Finance. The bill outlines the amount due for the billing period 2018/19 and includes any debt from previous years that has not been paid, along with any rate relief where applicable.
02 April 2015
Ratepayers To Receive New Rate Bills
Homeowners and businesses throughout the new Belfast District Council area are to receive their rate bill for 2015/16 this week. The bill will show the amount due for the new billing period 2015/16, including any debt that may have been carried forward from previous years, along with any rate relief, where applicable.
Ratepayers To Receive New Rate Bills
Homeowners and businesses throughout the new Belfast District Council area are to receive their rate bill for 2015/16 this week. The bill will show the amount due for the new billing period 2015/16, including any debt that may have been carried forward from previous years, along with any rate relief, where applicable.
30 March 2015
Finance Minister Announces New Annual Rate Statement
A new annual rate statement for all domestic rate payers in Northern Ireland has been introduced by the Finance Minister. From April 2015, the annual rate statement will show how households' rate payment contributes to the provision of public services such as health, education and roads, as well as a range of other important regional services.
Finance Minister Announces New Annual Rate Statement
A new annual rate statement for all domestic rate payers in Northern Ireland has been introduced by the Finance Minister. From April 2015, the annual rate statement will show how households' rate payment contributes to the provision of public services such as health, education and roads, as well as a range of other important regional services.
05 February 2009
Three NI Banks Cut Interest Rates
Most of Northern Ireland's big banks have agreed to adopt the latest UK interest rate cut. First Trust, Bank of Ireland and Ulster Bank have all brought their base rates into line with the reduction. The Bank of Ireland and Ulster Bank both said they were reviewing how the cut would affect standard variable rate products.
Three NI Banks Cut Interest Rates
Most of Northern Ireland's big banks have agreed to adopt the latest UK interest rate cut. First Trust, Bank of Ireland and Ulster Bank have all brought their base rates into line with the reduction. The Bank of Ireland and Ulster Bank both said they were reviewing how the cut would affect standard variable rate products.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.