On October 4th, 2023, the Central Statistics Office (CSO) published the Monthly Unemployment (MU) figures for September, 2023. The Monthly Unemployment figures are estimated using trends in the Live Register figures based on data from the Labour Force Survey (LFS), and are subject to revision.
According to the Monthly Unemployment figures 115,700 people were unemployed in September, 2023, a decrease of 0.25% on September, 2022. The Monthly Unemployment Rate (MUR) was 4.2%, a decline of 0.2 percentage points over the year. 4,000 more men and 4,400 fewer women were unemployed in September 2023. The Monthly Unemployment Rate for men increased by 0.2 percentage points to 4.4%, and decreased for women by 0.6 percentage points to 4%. Women accounted for 45.4% of the unemployed in September 2023, 3.7 percentage points lower than in the same month last year.
In September, 2023, 41,500 people aged 15-24 were unemployed, 3,300 more young people as in September 2022. Their MUR was 11.9%, 0.6 percentage points higher than a year ago. Over the year, unemployment amongst young men increased by 18% to 22,500, and their unemployment rate was 12.5%, an increase of 1.7 percentage points over the year. Unemployment amongst young women decreased by 1% to 19,000, and their unemployment rate declined by 0.5 percentage points to 11.3%. In September 2023, women accounted for 45.8% of those unemployed in this age category, a drop of 4.5 percentage points over the year.
The monthly unemployment figures for people aged 25-74 decreased by 4.6% over the year to 74,200 people, and their MUR decreased by 0.3 percentage points to 3.1%. In this age category unemployment increased for men by 1.5% to 40,700, and their MUR remained unchanged at 3.2%. Unemployment declined for women by 11% to 33,500 women and their Monthly Unemployment Rate (MUR) declined by 0.6 percentage points to 2.9%. Women accounted for 45% of those unemployed in this age category in September, 2023, a decrease of 3.3 percentage points over the year.