6 Mar 2023Latest Unemployment Rates Ireland
In February 2023 the seasonally adjusted unemployment rate was:
- Down to 4.0% for males from a rate of 4.1% in January 2023, and from a revised rate of 4.5% in February 2022.
- Unchanged at 4.7% for females from the January 2023 rate, and a decrease from the rate of 4.8% in February 2022.
- At 10.2% for persons aged 15-24 years (youth unemployment rate), from a revised rate of 10.3% in January 2023.
- Down to 3.4% for persons aged 25-74 years from a rate of 3.5% in January 2023.
The Central Statistics Office (CSO) issued Monthly Unemployment Estimates results for February 2023.
Commenting on today’s release, John Mullane, Statistician in the Labour Market Analysis Section, said:
“The seasonally adjusted unemployment rate for February 2023 (for all persons aged 15-74 years) was down to 4.3% from 4.4% in January 2023,and down from a revised rate of 4.6% in February 2022. The rate of 4.3% in February 2023 was lower than the pre-pandemic level of 4.8% recorded in February 2020.In February 2023 the unemployment rate for males was 4.0% and for females was 4.7%.
The seasonally adjusted number of persons unemployed was 116,500 in February 2023, compared with 118,100 in January 2023. There was a decrease of 5,700 in the seasonally adjusted number of persons unemployed in February 2023 when compared with a year earlier.
The seasonally adjusted number of males unemployed fell to 56,800 in February 2023, compared with 58,400 in January 2023. In February 2023 the seasonally adjusted number of females unemployed remained unchanged at 59,700, when compared with January 2023.”
The methodology for the Monthly Unemployment Estimates involves forecasting the number of persons who are unemployed using the trend in the recipient Live Register series. The Department of Social Protection is providing Working Age Income supports to people arriving in Ireland from Ukraine under the Temporary Protection Directive. The Live Register series includes recipients of these supports who have met the relevant criteria. This has impacted on the numbers of unemployed, primarily females, in these monthly estimates.
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