Employment rate in Northern ireland hits post-pandemic high
- Published
The employment rate measures the percentage of working-age adults who are in a job
The employment rate in Northern Ireland reached a post-pandemic high of 72.4% between September and November of last year.
The rate measures the percentage of working-age adults who are in a job.
It is still marginally below where it was at the end of 2019, before the Covid-19 pandemic.
Other measures suggest the jobs market remained relatively strong at the end of last year, with unemployment close to a record low level at 2.4%.
Total hours worked across the economy also continued to increase.
The employment rate reached a recent low of 67.4% in early 2021, but has been on an upward trajectory since.
The most up-to-date figures - HMRC payroll data for December - suggests the total number of employees on company payrolls may have fallen slightly compared to November.
It shows 795,900 people were payrolled employees in December 2023, a 0.1% decrease from the previous month but a 1.5% increase over the year.
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