On August 31st 2022, the Central Statistics Office (CSO) published the Monthly Unemployment (MU) figures for August 2022. The Monthly Unemployment figures are estimated using trends in the Live Register figures based on the most recent Labour Force Survey (LFS) - the LFS for Quarter 2 2022, was published on August 25th.
117,200 people were unemployed in August 2022, a drop of 17% over the year or 23,500 fewer people. The Monthly Unemployment Rate (MUR) was 4.3%, a decline of 1.2 percentage points. Unemployment decreased for both men and women over the period, by 16,100 and 7,400 respectively. Women accounted for 49.6% of the unemployed in August 2022, three percentage points higher than August 2021.
In August 2022, 45,600 people aged 15-24 were unemployed: 9,300 more young people than a year ago. Their MUR was 11.6% in August, 2022, 0.8 percentage points higher than August, 2021. Over the year, unemployment amongst young men increased by 40% to 26,300, and their unemployment rate was 13.1%, an increase of 2.2 percentage points over the year. Unemployment amongst young women rose by 10% to 19,200, and their unemployment rate was 10%, a decrease of 0.8 percentage points. In August 2022, women accounted for 42% of those unemployed in this age category, in comparison to 48% in August, 2021.
The monthly unemployment figures for people aged 25-74 dropped by 31% over the year to 71,600 people, and their MUR decreased by 1.6 percentage points to 3.1%. Unemployment decreased for men in this age category by 42% to 32,800, and their MUR was 2.7%. Unemployment also declined for women, by 19% to 38,800 women and their Monthly Unemployment Rate (MUR) fell by one percentage point to 3.6%. Women accounted for 54% of those unemployed in this age category in August, 2022 in comparison to 46% in August 2021.