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Economic Overview

Full economic Overview - February 2015

NEW Claimant Count District Council Annual Average Maps - Updated for 2014

More Claimant Count Unemployment Interactive Maps

Publication Schedule

Next Publication: Labour Market Report - 18th March 2015

Latest Publication: LFS Quarterly Supplement Oct - Dec 2014 (PDF 646 KB)

Publication Schedule 2015-2016 (Excel 36 KB)

Notice of delay of NI Composite Ecomonic Index (NICEI) and Index of Services (IOS) (Word 369 KB)

At a glance:

Unemployment

The unemployment rate for the period October-December 2014 was estimated at 5.7%.
Further Information on Unemployment Statistics

Employment

The number of persons in employment in the period October-December 2014 was estimated at 815,000
Further Information on Employment Statistics

Economically Inactive

The NI economic inactivity rate at October-December 2014 for those aged 16-64 stood at 28.0%.
Labour Force Survey

Claimant Count

The seasonally adjusted claimant count decreased by 1,700 from last month’s revised total. It now stands at 48,200 (5.4% of the workforce) in January 2015.
Further Information on Claimant Count

Quarterly Employment Survey

The estimated seasonally adjusted employee jobs total in Northern Ireland at September 2014 was 720,290.
Further Information on the Quarterly Employment Survey

Composite Economic Index

The latest figures indicate that NI economic activity increased by 1.2% over the year to Q2 2014.
Further Information on the Northern Ireland Composite Economic Index

Index of Services

Provisional results from the Index of Services for the second quarter of 2014 showed that output in NI increased by 0.4% in real terms over the quarter.
Further Information on the Index of Services

Index of Production

Provisional results from the seasonally adjusted Index of Production (IOP) for the third quarter of 2014 show that output levels decreased by 1.4%.
Further Information on the Index of Production

Index of Construction

The total volume of construction output in Northern Ireland in the third quarter of 2014 decreased by 0.7% compared to Q2 2014.
Further Information on the Index of Construction

Hours Worked

In the three months to November 2014, the average actual weekly hours worked in NI was 34.3 hours.
Further Information on the Labour Force Survey

Annual Survey of Hours and Earnings (ASHE)

Over the year to April 2014, median gross weekly earnings for all employees (i.e. both full- and part-time) in NI decreased by 2.2% (to £358).
Further Information on the Annual Survey of Hours and Earnings

Redundancies

Over the latest twelve month period to 31 January 2015  there were a total of 2,281 confirmed redundancies, an increase of 12% from the previous year (2,028).
Further Information on Redundancies