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15/06/2016
Drop In Number Of People Claiming Unemployment Benefits
The number of people claiming unemployment benefits dropped by 600 in May, according to government figures.
The latest Labour Market Survey states the unemployment rate has decreased by 0.2% over the quarter and 0.4% over the year.
In addition, the number of people claiming unemployment related benefits has fallen by 27,500 since the most recent peak in February 2013.
The unemployment rate has also risen slightly to 5.8%, compared to 5% in the rest of the UK.
Economy Minister Simon Hamilton said: "I warmly welcome this positive news showing a further fall in unemployment in Northern Ireland, a record rate of employment and an historic low level in economic activity. One of my key objectives as Economy Minister is to ensure continued growth of employment and the reduction of economic inactivity. While employment contributes to wealth and value added in the economy, on an individual level secure employment provides people with financial stability as well as wider benefits, including better health and greater social stability."
(CD/LM)
The latest Labour Market Survey states the unemployment rate has decreased by 0.2% over the quarter and 0.4% over the year.
In addition, the number of people claiming unemployment related benefits has fallen by 27,500 since the most recent peak in February 2013.
The unemployment rate has also risen slightly to 5.8%, compared to 5% in the rest of the UK.
Economy Minister Simon Hamilton said: "I warmly welcome this positive news showing a further fall in unemployment in Northern Ireland, a record rate of employment and an historic low level in economic activity. One of my key objectives as Economy Minister is to ensure continued growth of employment and the reduction of economic inactivity. While employment contributes to wealth and value added in the economy, on an individual level secure employment provides people with financial stability as well as wider benefits, including better health and greater social stability."
(CD/LM)
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Northern Ireland WeatherThis Evening and 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.
