August 2019, Unemployment Figures
4 Sep 2019
On September 3rd, 2019 the Central Statistics Office (CSO) published the Monthly Unemployment figures for August 2019. The monthly unemployment figures are based on the most recent Labour Force Survey (LFS) and changes in the Live Register since that LFS was released. On August 27th the Central Statistics Office published the Labour Force Survey (LFS) for Quarter 2, 2019, which covers the months April to June.
In the LFS Q2, 2019 the CSO revised the Monthly Unemployment figures published for June and July, 2019 upwards. So, the Monthly Unemployment Rates (MUR) was revised up to 5.3% from 4.5% and 4.6% respectively. In the July the MUR given for people aged 15-24 in June 2019 and July were 10.1% and 10.3% respectively, the revised figures are considerably higher at 14.7% and 14.5%. 3.8% was the previously report MUR for people aged 25-74 in June and July, 2019. According to this LFS these figures now stand at 4% and 4.1% respectively.
In August, 2019, 126,000 people were unemployed, a decline of 6,400 on the same month in 2018. The overall Monthly Unemployment Rate (MUR) was 5.2%, down 0.3% on August 2018. Women account for 44% of those who are unemployed and men for 56%. In August 2019, the female MUR was 5.1% and the male rate 5.4%, a decrease of 0.4% and 0.2% respectively.
Looking at these figures from an age perspective there were 83,400 unemployed people aged between 25 and 74 years, and their MUR was 3.9%. A year ago these figures stood at 93,400 and 4.5% respectively. Men account for 52% of this age group and women 48%. The male MUR was 3.7%, down 0.7% on August 2018. The female MUR was 4.2%, down 0.3% over the year.
For the younger age group, people aged 15-24 years of age, 42,600 young people were unemployed, 3,600 more people than in August 2018. Similarly, young people’s Monthly Unemployment Rate has increased over the year by 1.2% to 14.7%. Looking at the gender breakdown, 37% of this group were women, and 1,400 fewer young women were unemployed than a year ago. The MUR for young women went down by 1.2% to 11.1%. Men accounted for 63% of this age group in August 2019. Over the year the number of young men unemployed increased by 5,100, and their Monthly Unemployment Rate (MUR) went up by 3.4% to 18%.