The variety of individuals in Northern Eire on an organization payroll has decreased for the primary time in over a yr, new statistics have revealed.
Meanwhile, the month-to-month claimant depend has risen for the primary time since February 2021 – indicating that the Northern Eire labour market could also be on the flip.
New statistics launched by the Northern Eire Statistics and Analysis Company (Nisra) present the variety of staff receiving pay via HMRC PAYE in NI in September 2022 was 780,800, a 0.1% lower over the month and a 2.6% enhance over the yr.
In the meantime, redundancies stay low in labour market statistics reflecting Northern Eire;s workforce and signify total persevering with enchancment within the long-term, however worsening throughout the quick time period.
The brand new statistics present Northern Eire staff who earn via HMRC PAYE, have a median month-to-month wage of £1,944 in September 2022, a lower of £31 (1.6%) over the month and a rise of £102 (5.5%) over the yr.
This was the biggest month-to-month lower in earnings in over a yr. The variety of staff receiving pay via HMRC PAYE in NI in September 2022 was 780,800, a 0.1% lower over the month and a 2.6% enhance over the yr. This was the primary month-to-month lower in over a yr.
The most recent figures on unemployment present for the interval June-August 2022 was estimated from the Labour Drive Survey at 3.0% and enhance of 0.4 share factors.
The proportion of individuals aged 16 to 64 in work decreased by 0.1 p.c factors over the this era, however elevated by over the yr to 69.9%.
The variety of individuals claiming unemployment-related advantages elevated 1.3% from final month, the primary month-to-month enhance since February 2021.
This quantity additionally stays increased than pre-pandemic statistics from March 2020 by 20.6% and a pair of.6% increased than September 2021.
Nevertheless, figures which document the ‘financial exercise charge’ present the proportion of individuals aged 16 to 64 who weren't working and never in search of or out there to work decreased has deceased by 0.2% over the quarter, though there's a yearly enhance by 0.1 p.c factors over the yr to 27.8%.
There have been 150 redundancies in September in Northern Eire recorded by Northern Eire Statistics and Analysis Company (NISRA), appearing on behalf of the Division for the Financial system taking the annual complete to 1,100.
That is in comparison with 190 proposed redundancies in September 2022, following low or no redundancies in July and August.