CSO - Central Statistics Office Ireland

06/08/2024 | Press release | Distributed by Public on 06/08/2024 17:22

Monthly Unemployment July 2024

The Monthly Unemployment rate for July 2024 was 4.7%, up 0.2 percentage points from the previous month

Online ISSN: 2009-8456
CSO statistical publication, 06 August 2024, 11am

Key Findings

  • In July 2024, the seasonally adjusted unemployment rate was 4.7%, which was up from the revised rate of 4.5% in June 2024.On an annual basis, the seasonally adjusted unemployment rate increased to 4.7% in July 2024 from a rate of 4.3% in July 2023.

  • Breaking down the results by sex, the Monthly Unemployment rate in July 2024 was 4.7% for males, up from the revised rate of 4.5% in June 2024 and from a rate of 4.5% in July 2023.

  • The Monthly Unemployment rate in July 2024 was 4.8% for females up from the revised rate of 4.5% in June 2024, and from a rate of 4.1% in July 2023.

  • In terms of age, the Monthly Unemployment rate for people aged 15-24 years (youth unemployment rate) rose to 11.4%, from a revised rate of 10.4% in June 2024.

  • The Monthly Unemployment rate for people in July 2024 aged 25-74 years rose to 3.7% from a rate of 3.6% in June 2024.

Statistician's Comment

The Central Statistics Office (CSO) has today (06 August 2024) issued Monthly Unemployment Estimates results for July 2024.

Commenting on today's release, Conor Delves, Statistician in the Labour Market Analysis Section, said: "The seasonally adjusted unemployment rate for July 2024 (for all people aged 15-74 years) was 4.7%, up from 4.5% recorded in June 2024 and from 4.3% in July 2023. In July 2024, the unemployment rate for males was 4.7%, and 4.8% for females.

The seasonally adjusted number of people unemployed was 136,100 in July 2024, compared with 129,000 in June 2024. There was an increase of 16,200 in the seasonally adjusted number of people unemployed in July 2024 when compared with a year earlier.

The seasonally adjusted number of unemployed males rose to 70,900 in July 2024, compared with 68,100 in June 2024. The seasonally adjusted number of unemployed females in July 2024 increased to 65,100 from 60,800 in June 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 July 2024 have incorporated the LFS benchmarks up to Q2 2024 for the monthly estimates up to June 2024. The estimates for July 2024 have been forecasted. Forecasted figures are subject to revision.

Headline Table and Graph

Seasonally Adjusted Monthly Unemployment
Number of persons unemployed Unemployment rate (%)
July 2023 119,900 4.3
June 2024 129,000 4.5
July 2024 136,100 4.7
Number Percentage points
Change in month 7,100 0.2
Change in year 16,200 0.4
Figure 1: Seasonally Adjusted Monthly Unemployment Rate (ILO), July 2021 to July 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 July 57,900 54,400 112,300 4.0 4.4 4.2
August 57,200 56,600 113,800 4.0 4.5 4.2
September 57,500 55,500 112,900 4.0 4.4 4.2
October 60,400 59,300 119,700 4.2 4.7 4.4
November 62,900 59,300 122,200 4.4 4.6 4.5
December 63,300 56,900 120,200 4.4 4.4 4.4
2023 January 65,600 53,900 119,500 4.5 4.2 4.3
February 64,300 50,800 115,100 4.4 3.9 4.2
March 63,800 49,900 113,700 4.3 3.8 4.1
April 62,200 51,600 113,800 4.3 3.9 4.1
May 62,800 53,100 115,900 4.3 4.0 4.2
June 65,500 55,300 120,800 4.5 4.2 4.3
July 65,400 54,400 119,900 4.5 4.1 4.3
August 65,600 54,400 120,100 4.5 4.1 4.3
September 66,700 59,400 126,100 4.5 4.5 4.5
October 65,700 61,000 126,700 4.4 4.6 4.5
November 64,200 61,600 125,800 4.3 4.6 4.5
December 64,700 62,700 127,400 4.4 4.7 4.5
2024 January 64,600 62,900 127,500 4.4 4.7 4.5
February 58,800 57,700 116,500 4.0 4.3 4.1
March 61,000 58,100 119,100 4.1 4.3 4.2
April 64,200 59,100 123,400 4.3 4.4 4.3
May 65,900 59,800 125,700 4.4 4.4 4.4
June 68,100 60,800 129,000 4.5 4.5 4.5
July 70,900 65,100 136,100 4.7 4.8 4.7

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 July 19,000 17,300 36,300 10.8 10.6 10.7
August 17,700 18,000 35,700 10.2 11.3 10.7
September 17,900 18,300 36,200 10.4 11.5 10.9
October 18,400 17,900 36,400 10.7 11.1 10.8
November 19,900 17,900 37,800 11.4 10.8 11.1
December 19,200 17,000 36,200 10.9 10.1 10.5
2023 January 19,900 17,200 37,100 11.0 10.1 10.6
February 19,700 16,700 36,400 10.7 9.7 10.3
March 19,700 16,700 36,400 10.9 9.6 10.3
April 18,900 17,000 35,900 10.5 9.7 10.1
May 18,800 17,200 36,000 10.5 9.8 10.2
June 19,500 18,300 37,800 10.8 10.3 10.6
July 19,400 18,300 37,700 10.7 10.4 10.5
August 19,500 18,600 38,100 10.7 10.5 10.6
September 20,400 21,800 42,200 11.1 12.1 11.6
October 19,500 21,100 40,600 10.5 11.7 11.1
November 19,500 21,300 40,800 10.4 11.8 11.1
December 20,200 21,700 42,000 10.7 12.0 11.3
2024 January 21,000 21,400 42,400 11.2 11.9 11.5
February 18,800 18,000 36,800 10.1 10.3 10.2
March 19,600 17,300 36,900 10.6 9.9 10.2
April 20,100 16,600 36,700 10.7 9.6 10.1
May 20,300 16,100 36,400 10.7 9.4 10.1
June 21,400 16,300 37,700 11.2 9.5 10.4
July 23,800 18,300 42,200 12.3 10.5 11.4

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 July 38,900 37,100 76,000 3.1 3.4 3.2
August 39,500 38,600 78,100 3.1 3.5 3.3
September 39,600 37,200 76,800 3.1 3.4 3.3
October 42,000 41,300 83,300 3.3 3.7 3.5
November 43,100 41,400 84,400 3.4 3.7 3.5
December 44,100 40,000 84,000 3.5 3.6 3.5
2023 January 45,700 36,700 82,400 3.6 3.3 3.4
February 44,600 34,100 78,700 3.5 3.0 3.3
March 44,100 33,200 77,300 3.4 2.9 3.2
April 43,300 34,600 77,900 3.4 3.0 3.2
May 43,900 35,900 79,800 3.4 3.1 3.3
June 46,000 37,000 83,000 3.6 3.2 3.4
July 46,100 36,100 82,100 3.6 3.2 3.4
August 46,200 35,800 82,000 3.6 3.1 3.4
September 46,200 37,600 83,800 3.6 3.3 3.4
October 46,200 39,900 86,100 3.6 3.5 3.5
November 44,700 40,300 84,900 3.4 3.5 3.5
December 44,400 41,000 85,400 3.4 3.6 3.5
2024 January 43,600 41,400 85,000 3.4 3.6 3.5
February 40,100 39,700 79,700 3.1 3.4 3.2
March 41,300 40,800 82,200 3.2 3.5 3.3
April 44,100 42,500 86,600 3.4 3.6 3.5
May 45,500 43,700 89,200 3.5 3.7 3.6
June 46,700 44,600 91,300 3.6 3.8 3.6
July 47,100 46,800 93,900 3.6 3.9 3.7