04/09/2024 | Press release | Distributed by Public on 04/09/2024 21:45
In August 2024, the seasonally adjusted unemployment rate was 4.3%, which was down from a rate of 4.7% in July 2024. On an annual basis, the seasonally adjusted unemployment rate remained unchanged.
Breaking down the results by sex, the Monthly Unemployment rate in August 2024 was 4.3% for males, down from a revised rate of 4.6% in July 2024 and from a rate of 4.5% in August 2023.
The Monthly Unemployment rate in August 2024 was 4.3% for females down from the revised rate of 4.7% in July 2024, and up from a revised rate of 4.2% in August 2023.
In terms of age, the Monthly Unemployment rate for people aged 15-24 years (youth unemployment rate) fell to 10.7%, from a revised rate of 11.5% in July 2024.
The Monthly Unemployment rate for people in August 2024 aged 25-74 years fell to 3.4% from a rate of 3.7% in July 2024.
The Central Statistics Office (CSO) has today (04 September 2024) issued Monthly Unemployment Estimates results for August 2024.
Commenting on today's release, Conor Delves, Statistician in the Labour Market Analysis Section, said: "The seasonally adjusted unemployment rate for August 2024 (for all people aged 15-74 years) was 4.3%, down from 4.7% recorded in July 2024 and unchanged from the August 2023 rate. In August 2024, the unemployment rate for both males and females was 4.3%.
The seasonally adjusted number of people unemployed was 124,600 in August 2024, compared with 134,400 in July 2024. There was an increase of 3,600 in the seasonally adjusted number of people unemployed in August 2024 when compared with a year earlier.
The seasonally adjusted number of unemployed males fell to 65,500 in August 2024, compared with 70,200 in July 2024. The seasonally adjusted number of unemployed females in August 2024 fell to 59,100 from 64,200 in July 2024."
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.
Data in this release are subject to revision based on updates to the seasonally adjusted series whenever new monthly data are added. In addition, it should be noted that larger revisions can occur when the most recent Labour Force Survey (LFS) data are included in the calculation process.
The Monthly Unemployment Estimates published today for August 2024 have incorporated the LFS benchmarks up to Q2 2024 for the monthly estimates up to June 2024. The estimates for July and August 2024 have been forecasted. Forecasted figures are subject to revision.
Seasonally Adjusted Monthly Unemployment | |||
Number of persons unemployed | Unemployment rate (%) | ||
August 2023 | 121,000 | 4.3 | |
July 2024 | 134,400 | 4.7 | |
August 2024 | 124,600 | 4.3 | |
Number | Percentage points | ||
Change in month | -9,800 | -0.4 | |
Change in year | 3,600 | 0.0 |
© Central Statistics Office, Ireland
https://data.cso.ie/table/MUM01
Table 1a Seasonally adjusted monthly unemployment by sex - All persons aged 15-74 years | |||||||||
Number of persons | Unemployment rate (%) | ||||||||
Males | Females | All Persons | Males | Females | All Persons | ||||
2022 | August | 57,500 | 57,000 | 114,500 | 4.0 | 4.6 | 4.3 | ||
September | 58,000 | 56,600 | 114,500 | 4.0 | 4.5 | 4.3 | |||
October | 61,100 | 60,200 | 121,400 | 4.3 | 4.8 | 4.5 | |||
November | 63,100 | 59,700 | 122,900 | 4.4 | 4.7 | 4.5 | |||
December | 63,400 | 56,800 | 120,200 | 4.4 | 4.4 | 4.4 | |||
2023 | January | 65,100 | 53,400 | 118,500 | 4.4 | 4.1 | 4.3 | ||
February | 64,500 | 50,500 | 114,900 | 4.4 | 3.9 | 4.1 | |||
March | 63,600 | 49,700 | 113,300 | 4.3 | 3.8 | 4.1 | |||
April | 62,400 | 51,400 | 113,800 | 4.3 | 3.9 | 4.1 | |||
May | 62,100 | 52,700 | 114,800 | 4.3 | 4.0 | 4.1 | |||
June | 64,500 | 54,700 | 119,200 | 4.4 | 4.1 | 4.3 | |||
July | 64,800 | 53,900 | 118,700 | 4.4 | 4.1 | 4.3 | |||
August | 66,000 | 55,000 | 121,000 | 4.5 | 4.2 | 4.3 | |||
September | 67,500 | 60,600 | 128,100 | 4.6 | 4.6 | 4.6 | |||
October | 66,800 | 62,100 | 128,900 | 4.5 | 4.7 | 4.6 | |||
November | 64,700 | 62,200 | 126,900 | 4.4 | 4.7 | 4.5 | |||
December | 64,700 | 62,400 | 127,200 | 4.4 | 4.7 | 4.5 | |||
2024 | January | 64,100 | 62,200 | 126,200 | 4.3 | 4.7 | 4.5 | ||
February | 59,000 | 57,200 | 116,100 | 4.0 | 4.3 | 4.1 | |||
March | 60,800 | 57,900 | 118,700 | 4.1 | 4.3 | 4.2 | |||
April | 64,500 | 59,000 | 123,500 | 4.3 | 4.4 | 4.3 | |||
May | 65,000 | 59,500 | 124,500 | 4.3 | 4.4 | 4.4 | |||
June | 66,500 | 60,100 | 126,600 | 4.4 | 4.4 | 4.4 | |||
July | 70,200 | 64,200 | 134,400 | 4.6 | 4.7 | 4.7 | |||
August | 65,500 | 59,100 | 124,600 | 4.3 | 4.3 | 4.3 |
Table 1b Seasonally adjusted monthly unemployment by sex - persons aged 15-24 years | |||||||||
Number of persons | Unemployment rate (%) | ||||||||
Males | Females | All Persons | Males | Females | All Persons | ||||
2022 | August | 18,100 | 18,300 | 36,400 | 10.5 | 11.5 | 10.9 | ||
September | 18,100 | 18,400 | 36,500 | 10.6 | 11.6 | 11.0 | |||
October | 18,600 | 18,100 | 36,700 | 10.8 | 11.2 | 11.0 | |||
November | 19,600 | 17,900 | 37,500 | 11.2 | 10.8 | 11.0 | |||
December | 19,000 | 16,900 | 35,900 | 10.8 | 10.0 | 10.4 | |||
2023 | January | 19,500 | 17,100 | 36,600 | 10.8 | 10.0 | 10.4 | ||
February | 19,600 | 16,600 | 36,300 | 10.7 | 9.7 | 10.2 | |||
March | 19,600 | 16,600 | 36,200 | 10.7 | 9.6 | 10.2 | |||
April | 19,000 | 16,900 | 35,900 | 10.4 | 9.7 | 10.1 | |||
May | 18,700 | 17,100 | 35,700 | 10.4 | 9.8 | 10.1 | |||
June | 19,200 | 18,100 | 37,300 | 10.6 | 10.3 | 10.5 | |||
July | 19,500 | 18,400 | 37,900 | 10.8 | 10.4 | 10.6 | |||
August | 20,000 | 19,000 | 39,000 | 11.0 | 10.7 | 10.9 | |||
September | 20,800 | 21,900 | 42,600 | 11.4 | 12.1 | 11.7 | |||
October | 19,800 | 21,400 | 41,100 | 10.6 | 11.9 | 11.2 | |||
November | 19,300 | 21,400 | 40,700 | 10.3 | 11.8 | 11.0 | |||
December | 19,900 | 21,600 | 41,500 | 10.6 | 11.9 | 11.2 | |||
2024 | January | 20,600 | 21,300 | 41,800 | 11.0 | 11.8 | 11.4 | ||
February | 18,800 | 17,900 | 36,700 | 10.1 | 10.2 | 10.2 | |||
March | 19,600 | 17,200 | 36,800 | 10.5 | 9.9 | 10.2 | |||
April | 20,200 | 16,500 | 36,700 | 10.6 | 9.5 | 10.1 | |||
May | 20,100 | 16,000 | 36,100 | 10.6 | 9.3 | 10.0 | |||
June | 20,800 | 16,100 | 36,900 | 11.0 | 9.4 | 10.2 | |||
July | 24,100 | 18,300 | 42,400 | 12.5 | 10.5 | 11.5 | |||
August | 22,000 | 17,000 | 39,000 | 11.5 | 9.8 | 10.7 |
Table 1c Seasonally adjusted monthly unemployment by sex - persons aged 25-74 years | |||||||||
Number of persons | Unemployment rate (%) | ||||||||
Males | Females | All Persons | Males | Females | All Persons | ||||
2022 | August | 39,400 | 38,700 | 78,100 | 3.1 | 3.5 | 3.3 | ||
September | 39,900 | 38,200 | 78,100 | 3.2 | 3.5 | 3.3 | |||
October | 42,500 | 42,100 | 84,600 | 3.4 | 3.8 | 3.6 | |||
November | 43,600 | 41,800 | 85,400 | 3.4 | 3.8 | 3.6 | |||
December | 44,400 | 39,900 | 84,300 | 3.5 | 3.6 | 3.5 | |||
2023 | January | 45,600 | 36,300 | 81,900 | 3.5 | 3.2 | 3.4 | ||
February | 44,800 | 33,900 | 78,700 | 3.5 | 3.0 | 3.3 | |||
March | 44,000 | 33,100 | 77,200 | 3.4 | 2.9 | 3.2 | |||
April | 43,400 | 34,500 | 77,900 | 3.4 | 3.0 | 3.2 | |||
May | 43,400 | 35,600 | 79,100 | 3.4 | 3.1 | 3.3 | |||
June | 45,200 | 36,600 | 81,800 | 3.5 | 3.2 | 3.4 | |||
July | 45,200 | 35,500 | 80,700 | 3.5 | 3.1 | 3.3 | |||
August | 46,000 | 36,000 | 82,000 | 3.6 | 3.1 | 3.4 | |||
September | 46,700 | 38,800 | 85,500 | 3.6 | 3.4 | 3.5 | |||
October | 47,000 | 40,800 | 87,800 | 3.6 | 3.6 | 3.6 | |||
November | 45,400 | 40,800 | 86,200 | 3.5 | 3.5 | 3.5 | |||
December | 44,800 | 40,800 | 85,600 | 3.5 | 3.5 | 3.5 | |||
2024 | January | 43,500 | 40,900 | 84,400 | 3.4 | 3.5 | 3.4 | ||
February | 40,200 | 39,200 | 79,400 | 3.1 | 3.4 | 3.2 | |||
March | 41,300 | 40,700 | 82,000 | 3.2 | 3.5 | 3.3 | |||
April | 44,300 | 42,400 | 86,700 | 3.4 | 3.6 | 3.5 | |||
May | 44,900 | 43,500 | 88,300 | 3.4 | 3.7 | 3.5 | |||
June | 45,700 | 44,000 | 89,700 | 3.5 | 3.7 | 3.6 | |||
July | 46,100 | 45,900 | 92,000 | 3.5 | 3.9 | 3.7 | |||
August | 43,500 | 42,100 | 85,600 | 3.3 | 3.6 | 3.4 |