Wednesday, January 22, 2025

Job figures: Workers on company payrolls dipped in December

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But Northern Ireland remains the lowest paying UK region, with pay packets continuing to lag behind the UK average of £2,457 in December.

The unemployment rate for September to November 2024 fell to 1.7% which was the lowest on record and the lowest of the 12 UK regions.

The proportion of people in work, known as the employment rate rose slightly to 72.6%.

The rate of economic inactivity rose over the year to 26.1%.

It refers to people who are not in work nor looking for a job, for example students, carers, and the long term sick.

Northern Ireland has the highest rate of economic inactivity of the 12 UK regions.

The most common reason for being economically inactive was long term sickness which accounted for about 39% of the total or 123,000 people.

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