January 2018 Unemployment Figures

6 Feb 2018

On January 30th the Central Statistics Office (CSO) published the Monthly Unemployment figures for January 2018. The MU figures are based on the most recent Labour Force Survey (LFS) and changes in the subsequent Live Register figures. The LFS for Q3 2017 was published on January 16th and the seasonally adjusted unemployment rate was 6.7%. In January the Monthly Unemployment Rate (MUR) was 6.1%, a decrease of 1.3% over the year. The MUR for people aged 25 to 74 years was 5.2%, a decline of 1.2%, while for people aged 15-24 years it was 13.7%, down 0.9% on January 2017.

On February 1st the CSO published the Live Register for January 2018. According to these figures there were 237,386 people on the Live Register, a drop of 14.3% over the year. 98,007 people, or 41.3% of the Register, were on it for more than a year, a decline of 17.8% over the year.

The CSO divides the country into 8 regions and over the year the Live Register figures fell across all of them, in keeping with their percentage share of the Register. However, it is important to note that from January 2018, registrations which have yet not being assigned to a DEASP local office of registration are included in the Live Register totals. As a consequence the sum of the regions does not add up to the Live Register totals, there is a difference of +97.

In an annex to the Live Register figures, the CSO also publishes data on participation on activation programmes, which lag a month behind the Live Register figures. So, in December 2017, there were 61,072 people participating on employment, education and training programmes, 15% lower than December 2016. The CSO also revised November’s figures down from 63,557 to 61,553. The adjustment took place on the education and training figures with 2,004 fewer participants.

64% of the overall decrease on activation programmes is accounted for by a 15% drop in the numbers of people participating on employment programmes. Participation on two of these programmes continued to drop dramatically: JobBridge by 100% to 0 participants; and Gateway by 92% over the past year to 54 participants. Participation on education and training programmes also fell by 15%, to 22,331 learners.