Economy: Sustained Recovery

Oral Answers to Questions — Office of the First Minister and deputy First Minister – in the Northern Ireland Assembly at 2:30 pm on 27th April 2015.

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Photo of William Humphrey William Humphrey DUP 2:30 pm, 27th April 2015

T5. Mr Humphrey asked the First Minister and the deputy First Minister whether the First Minister believes that the Northern Ireland economy has turned the corner and, if so, whether that recovery can be sustained. (AQT 2405/11-15)

Photo of Peter Robinson Peter Robinson DUP

After 27 consecutive months of the claimant count reducing, it is clear that we are more than turning the corner. Based on the labour force survey, we have an unemployment level of 6%. It indicates that more jobs are being created in Northern Ireland.

I go back to the fact that Invest Northern Ireland had committed to create 25,000 jobs, and we ended up with, I think, over 37,000 jobs being created. That is a massive increase on the number that was set out in our Programme for Government. That is equally true for investment over that period, which was targeted to be £1 billion over the period and turned out to be £2·5 billion. So we are exceeding targets, we are on the road to recovery, and I believe that it can be sustained.

Photo of Mitchel McLaughlin Mitchel McLaughlin Speaker 2:45 pm, 27th April 2015

That ends the period for topical questions. I ask the House to take its ease for a moment while we change the top Table and the Minister's table.

(Mr Deputy Speaker [Mr Dallat] in the Chair)