Quarterly National Household Survey. Q4
On 21st February, 2017 the Central Statistics Office published the Quarterly National Household Survey (QNHS) for Quarter 4 2016. This quarter covers the months October to December. According to these figures there were 40,000 fewer people unemployed than in the same quarter 2015: the figure now stands at 147,400 people. Of this figure 54.5% or 79,700 people are long-term unemployed, bringing the figure back to Q3 2009 levels. However, at that stage the long-term unemployed only represented 27.9% of those unemployed.
The unemployment rate has also dropped, by 1.9% to 6.7%. And the long-term unemployment rate decreased by 1.1% to 3.6%, bringing the figure back to Q3 2009 levels. However, even with this improvement the long-term unemployment rate is still 2-3 times higher than the rate seen from Q1 2000 to Q4 2008, when it varied from 1.2% to 1.8%.
Looking at the overall unemployment rate from a regional perspective, the unemployment rate varied from a low of 5.3% in the Mid-East to a high of 9.4% in the South-East. The unemployment rate decreased across the eight regions, varying from 0.7% in the Border region to a 3% drop in the Midlands.
Employment also increased across the eight regions with the largest increase taking place in Dublin, 19,500 people out of the national increase of 65,100. The Midlands saw the smallest increase: 800 people.
Looking at the unemployment rate from a gender and age perspective, women aged 15-19 had the highest unemployment rate of 20.7%. While women aged 65+ had the lowest unemployment rate of 0.6%. At present most people in the 65+ age category are retired, however, as the state pension age continues to increase employment / unemployment will become a bigger issue for this age cohort.
The unemployment rate of young people aged 15-24 is more than twice that of the overall rate: 15.2% vis-à-vis 6.7%. The only other age group with an unemployment rate higher than the national average is the 25-34 year olds, whose unemployment rate was 7% in Q4 2017. However, the employment rate for this age group is also higher than the national average: 76.5% vis-à-vis 65.6%. Looking at the employment rate from a gender perspective, men aged 35-44 have the highest rate at 85.2%, while men aged 15-19 have the lowest at 13.5%. At present employment rates are only produced for people aged 15-64 years.
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Fergus Fnlay & Ivana Bacik
the Carmichael Centre is delighted to announce its forthcoming series.
These lectures will take place in Carmichael House (7.00pm-9.00pm) and will be on the theme ‘Reimagining Irish Civic Society.'
There is an exciting line-up of excellent speakers in what promises to be an engaging and thought provoking series
Lectures are FREE but places are limited
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