Ireland's Unemployment Rate at 3-1/2 Year Low in October


In October, Irish jobless rate decreased for the fifth straight month to 13.2 percent, its lowest level since March of 2010.

On a seasonally adjusted basis the Live Register total recorded a monthly decrease of 3,700 in October 2013, reducing the seasonally adjusted total to 409,900. In unadjusted terms there were 396,512 people signing on the Live Register in October 2013.  This represents an annual decrease of 23,660 (-5.6 percent).  This is the first month since May 2009 that the unadjusted Live Register total has been below 400,000.

The number of male claimants decreased by 21,792 (-8.1 percent) to 246,753 over the year while female claimants decreased by 1,868 (-1.2 percent) to 149,759. This compares with a decrease of 9,050 (-3.3 percent) to 268,545 for males and a decrease of 1,210 (-0.8 percent) to 151,627 for females in the year to October 2012.

In the year to October 2013 the number of persons aged 25 and over on the Live Register decreased by 16,324 (-4.7 percent), and the number of persons aged under 25 decreased by 7,336 (-10.5 percent).  Annual decreases in persons aged under 25 have occurred in all months since July 2010, while the number of persons aged 25 and over have fallen annually in all months since July 2012.

Ireland


CSO | Krisztina Györffy | krisztina@tradingeconomics.com
10/31/2013 11:47:01 AM