Northern Ireland job market starting to weaken, data suggests

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Northern Ireland job market starting to weaken, data suggests
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The Northern Ireland jobs market may have begun to weaken in April, official data suggests

The percentage of the workforce on unemployment benefits, known as the claimant count, increased to 3.9%, the highest rate since March 2022.

For example the employment rate, which measures the percentage of working age adults in a job, was 72% in the first quarter of this year compared to a pre-pandemic peak of 72.4%.Prices rise, wages fall Meanwhile, HMRC data suggests typically monthly pay in Northern Ireland was 6.6% higher in April compared to the same period month last year.

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