September Unemployment Figures
2 Oct 2018
On October 2nd, 2018 the Central Statistics Office published the Monthly Unemployment figures for September 2018. 129,400 people were unemployed, the last time this figure was below 130,000 was March 2008. At that stage 129,700 people were unemployed and the Monthly Unemployment Rate (MUR) was 5.5%. In September 2018 MUR stood at 5.4%.
Looking at these figures from an age perspective 26.8% of those unemployed were aged between 15 and 24 years, and their MUR stood at 12.9%. There were 94,800 unemployed people aged between 25 and 74 years, and their MUR was 4.5%. In June 2008 there was a similar number of people aged 25-74 years were unemployed, 94,100, and their MUR stood at 4.9%. For the younger age group, their MUR is similar to mid-2008 rates. However, the number of young people unemployed has not been under 35,000 since March 2005. At that stage the MUR was 8.4%, and youth unemployment accounted for 36.5% of those unemployed.
Looking at these figures from a gender perspective, men account for 56.6% of those unemployed, and women for 43.4%. The MUR for men was 5.7%, and for women 5.1%. Young men had the highest unemployment rate a 13.7%, while women aged between 25 and 74 years had the lowest rate, at 4.2%. Older men accounted for 41.4% of those unemployed, while younger women accounted for the smallest share, at 11.7%.