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28,400 jobs for Northern Ireland economy

The Northern Ireland Centre for Economic Policy (NICEP) has predicted that 28,400 jobs will be created in Northern Ireland by 2018.

The NICEP economic outlook indicates that the administration services sector will experience the largest job growth, with 4,200 jobs expected to be created.

Key data:

  • 3,700 jobs will be created in the retail sector 
  • the...
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Saving not important for 1 in 10

More than 1 in 10 UK adults do not see the value of saving money for the future, according to a survey by thinkmoney.

The survey revealed that though the majority of people (88 per cent) see the benefits of putting money aside, 12 per cent of people do not think it is important.

Key findings:

  • 24 per cent of respondents said they plan to save but end up spending their...
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Unemployment rate falls to 6.9 per cent

The unemployment rate fell by 77,000 to 2.24 million between December 2013 and February 2014, according to figures from the Office for National Statistics (ONS).

The official unemployment rate now stands at 6.9 per cent, the lowest since February 2009.

Key employment data:

  • 30.39 million people were in work between December 2013 and February 2014
  • This is 691,...
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Housing market confidence grows

UK households feel more positive about selling their home, reflecting the growing confidence in the housing market, according to research commissioned by Halifax.

The survey of 1,959 homeowners found that over half (56 per cent) feel that it will be a good time to sell their home over the next 12 months. This gives the measure a net balance of +24, the highest score since the survey...

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SMEs look to export

More small and medium-sized businesses (SMEs) than ever intend to export goods and services, according to the Federation of Small Businesses (FSB).

The FSB's quarterly business index has found that a net balance of 24 per cent of FSB members expect exports to rise over the next quarter.

The survey of 9,000 businesses found that the sectors most likely to export are:

  • ...
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