Commenting on the figures, Danske Bank Economist Conor Lambe said:
“Today’s labour market data revealed that the unemployment rate in Northern Ireland fell sharply to 4 per cent over the July – September period, but this was accompanied by a decrease in the employment rate and a large rise in the inactivity rate.
“Broadly speaking, this implies that rather than the unemployment rate coming down as people move into work, people seem to be moving from being unemployed to being economically inactive.
“A high rate of economic inactivity is a long standing challenge in Northern Ireland. The current inactivity rate is the highest since April – June 2010, is the highest of the twelve UK regions and, at 28.9 per cent, is more than seven percentage points above the rate for the UK as a whole.”
This comment was published in response to the July - September 2017 Northern Ireland labour market data published by NISRA on 15th November 2017.