Ireland Unemployment Rate Lowest in 6 Years


Irish seasonally adjusted jobless rate declined for the ninth consecutive month to 10.5 percent in January of 2015 as the number of people entitled to unemployment benefits fell by 1 percent. It is the lowest rate since February 2009 when it was 10.2 percent.

On a seasonally adjusted basis, the number of people entitled to unemployment benefits (Live Register) recorded a monthly decrease of 3,600 (-1.0 percent) in January 2015, reducing the seasonally adjusted total to 360,200. Among sex, data showed a monthly decrease of 2,300 (-1.0 percent) in males in January 2015, while females decreased by 1,300 (-0.9 percent) over the same period.

In unadjusted terms, there were 358,672 people signing on the Live Register in January 2015.  This represents an annual decrease of 40,958 (-10.2 percent). 

In January 2015, 54.0 percent (193,828) of all claimants on the Live Register were short term claimants.  The comparable figure for January 2014 was 54.6 percent (218,304).  The annual fall of 24,476 (-11.2 percent) in the number of short term claimants consisted of a decrease of 14,205 (-11.4 percent) in the number of male short term claimants and a decrease of 10,271 (-11.0 percent) in female short term claimants. The number of long term claimants on the Live Register in January 2015 was 164,844.  The number of male long term claimants decreased by 15,840 (-12.8 percent) in the year to January 2015, while females decreased by 642 (-1.1 percent), giving an overall annual decrease of 16,482 (-9.1 percent) in the number of long term claimants.

There were 72,085 casual and part-time workers on the Live Register in January 2015, which represents 20.1 percent of the total Live Register.  This compares with 20.3 percent one year earlier when there were 80,958 casual and part-time workers on the Live Register.  

In January, Irish nationals accounted for 82.9 percent (297,184) of the number of persons on the Live Register. Of the 61,488 non-Irish nationals, the largest constituent group on the Live Register was nationals from the EU15 to EU28 States (35,219), followed by the UK (13,665).

Ireland Unemployment Rate Lowest in 6 Years


CSO | Carolina Cunha | carolina.cunha@tradingeconomics.com
2/4/2015 12:21:22 PM