NERI Seminar Belfast: Earnings and Low Pay in Northern Ireland
4 June 2014, 3:50pm - 5:30pm
Earnings and Low Pay in Northern Ireland
In the aftermath of a prolonged recession, there are tentative signs of economic recovery in Northern Ireland. The recovery in economic output has been more modest in Northern Ireland than the UK as a whole, but trends in the labour market have been more similar. Long-term and youth unemployment remain serious policy concerns, but employment growth has returned and the labour market is beginning to normalize. While the level of employment in Northern Ireland remains among the lowest of any UK region, it is significantly above that of the Republic of Ireland despite similar experiences in both economies especially with regard to the collapse of the construction sector.
However the evolution of employment growth in Northern Ireland has been different to that of the UK in a number of important ways. This paper examines trends in the Northern Ireland labour market since 2007 to assess what kind of employment is being created. The rise of self-employment seen across the UK has not been evident in Northern Ireland. Instead there has been an increase in part-time and female employment and a shift toward service sector industries. The paper assesses what implications these trends have for compensation of employees both through wages and hours worked. If the recovery in the labour market also signals a shift toward lower-paid, less secure employment, this will have serious implications for the health of the Northern Ireland economy.
Tea and coffee from 15:50. The seminar will commence at 16:00.