What is the current unemployment rate in Northern Ireland?

January 25, 2020 Off By idswater

What is the current unemployment rate in Northern Ireland?

Latest results. The latest NI seasonally adjusted unemployment rate (the proportion of economically active people aged 16+ who were unemployed) for the period May-July 2021 was estimated from the Labour Force Survey at 4.0%.

Which country has the highest youth unemployment rate?

South Africa
Youth unemployment, ages 15-24, 2019 – Country rankings: The highest value was in South Africa: 57.47 percent and the lowest value was in Cambodia: 0.37 percent. The indicator is available from 1991 to 2019.

Why is youth unemployment so high in the UK?

In the UK, youth unemployment has averaged higher than the main unemployment rate. This is is a similar situation to the US and European economies. Lack of qualifications. However, the nature of the labour market is that many young people lack the necessary skills and training to impress employers.

Which European country has the highest youth unemployment rate?

Spain
Chart graphic. The youth unemployment rate was 16.2% in the EU . The lowest rates were observed in the Netherlands (7.4%) and Germany (7.5%), while the highest were recorded in Spain (33.0%), Greece (30.8%) and Italy (27.3%).

What is the biggest industry in Northern Ireland?

Machinery and equipment manufacturing, food processing, textile and electronics manufacturing are the leading industries. Other industries such as papermaking, furniture manufacturing, aerospace and shipbuilding are also important, concentrated mostly in the eastern parts of Northern Ireland.

What is the working population of Northern Ireland?

Labour Supply

Northern Ireland (level) United Kingdom (level)
All people
In employment† 428,000 15,450,000
Unemployed§ 11,000 711,000
Economically inactive‡ 161,000 5,107,000

What country has the lowest youth unemployment?

The youth unemployment rate of South Africa was nearly 56 percent in 2020, the highest of any G20 country. Italy followed with a youth unemployment rate of close to 30 percent. In contrast, Japan’s youth unemployment rate was the lowest at roughly four percent….Youth unemployment rate of G20 countries in 2020.

Characteristic Youth unemploymet rate

What country has the worst unemployment rate?

Burkina Faso
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.

What is the level of youth unemployment in the UK 16 24?

12.9%
The unemployment rate (the proportion of the economically active population who are unemployed) for 16-24 year olds was 12.9% in May-July 2021. This is down from 13.5% in the previous quarter and down from 13.8% a year before. The inactivity rate for young people is 40.1%, down from 41.8% in the previous quarter.

Which European country has the highest employment rate?

The Netherlands had the highest employment rate among European countries as of the first quarter of 2021, at 79.2 percent, followed by Germany, which had an employment rate of 74.9 percent. Greece reported the lowest employment rate in this quarter at 52.7 percent.

What’s the youth unemployment rate in Northern Ireland?

The number of people claiming unemployment-related benefits in NI rose by 800 to 62,700 in August, according to official figures. That is more than double the number recorded in March. The youth unemployment rate for 16-24 year olds is now estimated at 8.2% after a “significant quarterly increase”.

What was the unemployment rate in July 2019?

Labour Force Survey. The Labour Force Survey (LFS) is a quarterly sample survey carried out by interviewing people about their personal circumstances and work. Latest results. The latest NI seasonally adjusted unemployment rate for the period July-September 2019 was estimated from the Labour Force Survey at 2.5%.

What are the labour market tables for Northern Ireland?

Quarterly tables include information on graduates, education and training, disability and the labour market, NEET and working and workless households. The monthly labour market tables in a historical series

What are the ODP indicators for Northern Ireland?

Tables published with the annual report in 2020 relating to 2019 data also includes tables for ODP indicators 14, 16, 17, 32, 33 and 34. Tables relating to ODP indicators 14, 16, 17, 32, 33 and 34