Wednesday 2 May 2012

Unemployment remains at 14.3 per cent, as 4,000 off the Live Register





THE NUMBER OF PEOPLE on the Live Register fell by 4,000 last month, with the unemployment rate staying at 14.3 per cent.
Figures from the Central Statistics Office showed 430,001 people signing on in April, reflecting a monthly drop of 4,053 people, a figure which translated into an increase of 100 on a seasonally adjusted basis, a figure the CSO said was “effectively unchanged”.
On an unadjusted annual basis, the number of people signing on is down by 9,570 in the last 12 months.
For the 22nd month in succession, the proportion of young people in the register has fallen, with the number of under-25s on the register falling by 8,495 (or 10.7 per cent) in the last 12 months.
Under-25s now account for 16.5 per cent of the total number of people signing on, down from 18.1 per cent this time last year, and 19.2 per cent in April 2010.
The CSO said the number of females signing onto the Register at 400 last month, which had been offset by an identical increase in the number of men joining the register.
Three out of every seven people on the register – some 42.8 per cent – have been signing on for over 12 months, up from 38.5 per cent at this time last year.
The Live Register is not intended as a measure of unemployment: of the 430,001 signing on, 88,442 are working in casual or part-time work. This is slightly increased on last year.

4 comments:

  1. The Live Register actually fell by 4,100 in the month (I despise the seasonally adjusted metric). But going by the latest Quarterly Household Survey, most of these emigrate or drop out of the labour force for education or other reasons

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  2. At least 1000 a week leaving per week on average and yet figures remain at these levels. This cant continue the government are a shambles.

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  3. SOLAS course trainees circa 70,000 and self employed not signing we guesstimate about 25,000 so the LIVE REGISTER including those in part time work would be about 535,000

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  4. The deferral of the 31/3/2012 Promissory Note has had a major impact on the overall Jan-Apr 2012 statement.

    Measure it against Jan-Apr 2011 figures by adding €3.06 billion to 2012 figures

    2012 current account deficit is €7.3 billion : the current account deficit for the same period in 2011 was €6.7 billion
    2012 capital account deficit is €7.1 billion : the capital account deficit for the same period in 2011 was €9.9 billion
    (add €3.06 billion that should have been paid in March 2012 and the 2012 capital deficit would be higher than 2011 capital deficit).

    http://www.finance.gov.ie/documents/...qstatapril.pdf

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