The construction sector has again been highlighted as a major factor in rising unemployment levels.
Figures released today for the period August - October 2010 show that the Northern Ireland unemployment rate has increased over the quarter to reach 7.6%.
Christmas may be less than two weeks away, but there is little cheer for the thousands of people who are out of work with even more recent figures (for November) showing that the number of unemployment benefit claimants had actually increased again - by 100 - from the previous month's revised figure to 58,500.
The total number of employee jobs was estimated at 697,630 for September 2010 - a fall of 940 over the quarter.
However, after eight consecutive quarterly decreases, the number of private sector jobs had increased by 430 during the latest quarter.
This net decrease over the quarter also meant a fall of 5,240 over the year and the drop was again driven by falls in the Construction sector (-690) and Service sector (-410) jobs, although the Manufacturing sector increased by 110 jobs.
This quarterly decline was the ninth successive decrease in the seasonally adjusted employee jobs series. However, this was the second smallest decline in employee jobs since the series peaked in June 2008 and was only 28% of the average quarterly decrease since the downturn started.
Commenting on the figures, NI Enterprise Minister, Arlene Foster said: "It was disappointing to note the latest increase in the unemployment rate for Northern Ireland.
"Nevertheless, our unemployment rate (7.6%) is still lower than the corresponding rate for the United Kingdom (7.9%) and it also compares favourably to the latest European Union (9.6%) and Republic of Ireland (14.1%) figures.
"Although the figures for November 2010 show a marginal increase of 100 in the number of people claiming unemployment benefits, over recent months there has been a notable slowing in the rate of increase, with the latest monthly increase much less marked than last year."
The Minister continued: "The Quarterly Employment Survey results for September 2010 also indicated a slow down in the rate of job losses in Northern Ireland.
"The latest quarterly decrease in jobs was approximately one quarter of the average fall in jobs since the start of the downturn.
"The industry driving this quarter's job losses was once again the construction sector, as firms continue to find economic conditions difficult.
"However, on a brighter note, manufacturing companies reported an increase in jobs for the second consecutive quarter and the number of private sector jobs increased for the first time in two years," the DUP Minister continued, noting that her Department was notified of 122 confirmed redundancies in November 2010. This compared to 119 in October 2010 and 389 in November 2009.
There has been a 53% decrease in the number of confirmed redundancies over the last year to 30th November 2010 - 2,219 compared to 4,703 in the previous year.
(BMcC/GK)
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
25/11/2024
Northern Ireland-based construction company GRAHAM has been awarded Platinum accreditation by The 5% Club, which is their highest level of accolade. The 5% Club company, a benchmark of investment in future talent, awarded GRAHAM the Platinum membership for their unwavering commitment to empowering ...
25/11/2024
Building and civil engineering contractor Farrans, based in Dunmurry, Northern Ireland, has been selected as one of 19 businesses as preferred partners to SP Energy Networks' record £5.4bn supply chain contract programme. SP Energy Networks have selected the 19 companies to help them deliver the ...
25/11/2024
Energy provider ESB Networks has been working over the weekend to restore power to 60,000 homes predominantly in counties Donegal, Sligo, Mayo and Galway following the impact of Storm Bert. As of 5.10pm, 11,000 of ESB Network's customers remained without power, meaning 49,000 homes had saw their ...
25/11/2024
Alliance has rejected Infrastructure Minister John O'Dowd's claims that NI Water's funding model is 'fit for purpose'. Alliance Infrastructure spokesperson, Andy McMurray, accused the Minister of "burying his head in the sand" over the funding issues and stated that the Minister rejected evidence ...
25/11/2024
Grass Pitch Refurbishment Projects in Sandyford, Dublin, have successfully been completed, Dún Laoghaire-Rathdown County Council (DLR) has announced. Pitches at both Moreen Park and Páirc Uí Bhriain were the subject of upgrade and improvement works as part of an ongoing programme aimed at ...
25/11/2024
Northern Ireland construction company McLaughlin & Harvey placed runner-up for social impact at the Considerate Constructors Scheme (CCS) End of Year Gala. The event, recently held at the Natural History Museum in London, recognises and celebrates outstanding company-wide performance among ...
25/11/2024
Expert water services crews are working to locate and repair a major pipe burst which is impacting water supply across Mid Kerry, Uisce Éireann has announced. The affected raw water pipe provides water to the Mid Kerry Gearha Water Treatment Plant supplying Listry, Beaufort, Killorglin and ...
25/11/2024
Uisce Éireann has temporarily shut down the Dunmanway Water Treatment Plant in Cork after it was impacted due to poor raw water quality from storm flooding. The turbidity of the incoming water for treatment remains high, resulting in the closure of the plant, and reservoirs in the area are now ...
25/11/2024
Irish Government has offered financial support to householders who have been impacted by Storm Bert. The Humanitarian Assistance Scheme provides income-tested financial support to those whose homes have been damaged from flooding and severe weather events and who cannot meet costs for essential ...
25/11/2024
A topographic and hydrographic survey will be carried out from today onwards by Murphy Geospatial Limited for the N17 Knock to Collooney [Atlantic Economic Corridor] Project. The project will consider the upgrade of the existing N17 from Knock in County Mayo to Collooney in County Sligo. The ...