Northern Ireland Employment Rate Matches High of Pre - Recession
It has been reported that the unemployment rate in Northern Ireland has fallen to 3.5%, matching the highest pre-recession employment rates. The Department for the Economy has stated that the 1.8% against last year has made significant changes to the economy of Northern Ireland.
The level of unemployment between December and February was below the UK average of 4.2% and was the second lowest of the four regions.
The chief economist of Ulster Bank, Richard Ramsay has suggested that the fall in the jobless rate had been accompanied with a growth in full-time employment rates. Furthermore, he states that this in reflected in a strong demand for labour.