Northern Ireland Sees Wage Growth Despite Jobs Market Softening

  • 📰 BBCNewsNI
  • ⏱ Reading Time:
  • 26 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 52%

Economy News

Wages,Employment,Unemployment

Recent job figures in Northern Ireland reveal a mixed picture: while wages are rising at a faster pace than inflation, the employment rate has dipped and economic inactivity remains a persistent issue.

Recent job figures in Northern Ireland have shown a strong growth in wages despite a drop in the employment rate.

The unemployment rate from June-August was 1.9%; this is a record low and the lowest of the UK regions. Typical monthly pay in Northern Ireland was £2,241 in September, which is 6.6% higher, or £139 more, than the same time last year. However, Northern Ireland was the lowest-earning region in the UK, despite seeing the largest annual rise in pay of the 12 UK regions.The rate of economic inactivity has been a consistent problem facing the Northern Ireland economy in recent years.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 95. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines