Northern Ireland job market starting to weaken, data suggests

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Northern Ireland job market starting to weaken, data suggests
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The Northern Ireland jobs market may have begun to weaken in April, official data suggests

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The percentage of the workforce on unemployment benefits, known as the claimant count, increased to 3.9%, the highest rate since March 2022.

For example the employment rate, which measures the percentage of working age adults in a job, was 72% in the first quarter of this year compared to a pre-pandemic peak of 72.4%.Prices rise, wages fall Meanwhile, HMRC data suggests typically monthly pay in Northern Ireland was 6.6% higher in April compared to the same period month last year.

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