CSO - Central Statistics Office Ireland

04/09/2024 | Press release | Distributed by Public on 04/09/2024 21:45

Monthly Unemployment August 2024

The Monthly Unemployment rate for August 2024 was 4.3%, down 0.4 percentage points from the previous month

Online ISSN: 2009-8456
CSO statistical publication, 04 September 2024, 11am

Key Findings

  • 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.

Statistician's Comment

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."

Editor's Note

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.

Headline Table and Graph

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
Figure 1: Seasonally Adjusted Monthly Unemployment Rate (ILO), August 2021 to August 2024

© Central Statistics Office, Ireland
https://data.cso.ie/table/MUM01

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Tables

Table 1a Seasonally adjusted monthly unemployment by sex - all persons aged 15-74 years
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
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
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