Almost 7,000 redundancies were proposed in the twelve months to the end of June, more than double the number recorded the previous twelve months. The total number of proposed redundancies in June 2020 reached an all-time high at 2,473, and accounted for approximately a third of all proposed redundancies in the year. A further 745 were proposed between 1 and 15 July.
There were 4,155 proposed redundancies between 1 March 2020 and 30 June 2020, with more employers making collective redundancy notifications in these 4 months than for the whole of 2019. The increase in redundancies since the start of March has primarily been driven by four main industry sectors; transportation and storage, accommodation and food services, manufacturing sector, and wholesale and retail trade, collectively accounting for almost 90% of proposed redundancies. In the previous 8 months there were no proposed collective redundancies from the transport and storage sector and less than 1% from the accommodation and food services.
The number of confirmed redundancies (2,602) in the most recent 12 months was 44% higher than in the previous 12 months (1,813). NISRA, acting on behalf of the Department for the Economy, received confirmation that 40 redundancies took place in June 2020.