Northern Ireland jobs market still strong with payrolls rising

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Northern Ireland's jobs market remained reasonably strong despite the economy entering recession in the third quarter of 2022

The number of people on company payrolls stood at an estimated 783,800, a monthly increase of 0.2%Northern Ireland's jobs market has remained reasonably strong despite the economy entering recession in the third quarter of 2022.

The only negative indicator was a fourth consecutive monthly increase in people claiming unemployment benefits.This compared to inflation of about 10%. A much weaker recovery in self-employment means that the overall employment rate remains 1.2 percentage points below level recorded in December-February 2020.

 

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