The number of people on company payrolls in Northern Ireland has fallen slightly marking the first decrease in more than a year, official figures show.This is still 2.6% higher than September 2021.The data shows the typical Northern Ireland employee had a monthly pay of £1,944 in September 2022, an increase of £102 or 5.5% over the year.When prices are rising much faster than wages, it means that living standards are declining.
It added that 190 redundancies were proposed in September, which came after no or low redundancies over the summer months.
There are a lot of vacant jobs out there. But throw together the toxic mix where benefits rose faster than wages over the last decade, transport costs prohibitive, people getting a flavour of not working through furlough etc and it is not much wonder some now chose not to work.
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