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Monthly Unemployment February 2024

The Monthly Unemployment rate for February 2024 was 4.2%

Online ISSN: 2009-8456

CSO statistical publication, 06 March 2024, 11am

Key Findings

In February 2024, the seasonally adjusted unemployment rate was:

Down to 3.9% for males from the revised rates of 4.3% in January 2024 and February 2023.
Down to 4.5% for females in February 2024 from the revised rate of 4.8% in January 2024, and up from a rate of 3.9% in February 2023.
Down to 10.5% in February 2024 for persons aged 15-24 years (youth unemployment rate), from a revised rate of 11.7% in January 2024.
Down to 3.2% for persons aged 25-74 years, from the revised rate of 3.4% in January 2024.

Statistician's Comment

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

Commenting on today’s release, Conor Delves, Statistician in the Labour Market Analysis Section, said: “The seasonally adjusted unemployment rate for February 2024 (for all persons aged 15-74 years) was down to 4.2%, from the rate of 4.5% recorded in January 2024 and up from 4.1% in February 2023. In February 2024, the unemployment rate for males was 3.9%, and for females it was 4.5%.

The seasonally adjusted number of people unemployed was 119,300 in February 2024, compared with 129,300 in January 2024. There was an increase of 6,500 in the seasonally adjusted number of people unemployed in February 2024 when compared with a year earlier.

The seasonally adjusted number of males unemployed fell to 58,400 in February 2024, compared with 64,500 in January 2024. The seasonally adjusted number of females unemployed decreased by 3,800 people over the month to February 2024 from 64,800 to 61,000.”

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 February 2024 have incorporated the LFS benchmarks up to Q4 2023 for the monthly estimates up to December 2023. The estimates for January and February 2024 have been forecasted. Forecasted figures are subject to revision.

Headline Table and Graph

Seasonally Adjusted Monthly Unemployment
	Number of persons unemployed	Unemployment rate (%)
February 2023	112,800	4.1
January 2024	129,300	4.5
February 2024	119,300	4.2
	Number	Percentage points
Change in month	-10,000	-0.3
Change in year	6,500	0.1

Open in Excel: Monthly Unemployment February 2024 Headline Table (XLS 10KB)

Tables

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

Table 1b Seasonally adjusted monthly unemployment by sex - persons aged 15-24 years

Table 1c Seasonally adjusted monthly unemployment by sex - persons aged 25-74 years

Go to Data

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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	February	65,600	58,600	124,200	4.6	4.6	4.6
	March	70,500	63,400	133,900	4.9	5.0	5.0
	April	64,600	57,800	122,400	4.5	4.6	4.5
	May	59,800	52,800	112,600	4.2	4.2	4.2
	June	58,700	54,300	113,000	4.1	4.3	4.2
	July	59,200	54,700	113,900	4.1	4.4	4.2
	August	58,500	57,800	116,300	4.1	4.6	4.3
	September	58,500	56,600	115,100	4.1	4.5	4.3
	October	60,700	59,700	120,400	4.2	4.7	4.4
	November	62,100	59,900	122,100	4.3	4.7	4.5
	December	61,800	56,300	118,100	4.3	4.4	4.3

2023	January	62,600	52,700	115,300	4.3	4.1	4.2
	February	62,600	50,200	112,800	4.3	3.9	4.1
	March	62,600	50,800	113,400	4.3	3.9	4.1
	April	62,800	51,700	114,500	4.3	3.9	4.1
	May	63,200	52,000	115,300	4.3	3.9	4.2
	June	67,200	54,200	121,400	4.6	4.1	4.4
	July	67,100	54,600	121,800	4.6	4.1	4.4
	August	67,400	55,800	123,300	4.6	4.2	4.4
	September	67,900	60,400	128,200	4.6	4.6	4.6
	October	65,600	60,900	126,500	4.4	4.6	4.5
	November	63,200	62,100	125,300	4.3	4.7	4.4
	December	63,600	62,900	126,500	4.3	4.7	4.5

2024	January	64,500	64,800	129,300	4.3	4.8	4.5
	February	58,400	61,000	119,300	3.9	4.5	4.2

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	February	12,900	14,500	27,400	7.5	8.6	8.0
	March	15,100	14,400	29,500	8.6	8.4	8.5
	April	18,000	14,500	32,600	10.1	8.4	9.3
	May	18,700	14,200	32,900	10.5	8.3	9.4
	June	19,700	16,200	36,000	11.1	9.6	10.4
	July	19,700	17,300	37,000	11.1	10.7	10.9
	August	18,700	18,300	37,000	10.7	11.6	11.1
	September	18,600	18,700	37,200	10.7	11.7	11.2
	October	18,900	18,500	37,400	10.8	11.3	11.0
	November	19,400	18,200	37,600	11.0	10.9	11.0
	December	18,500	16,900	35,400	10.4	10.0	10.2

2023	January	18,100	16,900	35,000	10.2	9.9	10.0
	February	18,400	16,100	34,500	10.3	9.4	9.9
	March	18,900	16,600	35,400	10.5	9.6	10.1
	April	19,100	17,000	36,000	10.6	9.8	10.2
	May	18,600	16,900	35,600	10.4	9.7	10.0
	June	20,100	18,000	38,200	11.1	10.3	10.7
	July	20,400	18,300	38,700	11.2	10.4	10.8
	August	20,800	19,100	39,900	11.3	10.8	11.1
	September	21,200	22,100	43,300	11.4	12.3	11.8
	October	19,700	21,400	41,000	10.4	11.9	11.1
	November	18,900	21,500	40,500	10.0	11.8	10.9
	December	19,900	22,500	42,300	10.4	12.1	11.3

2024	January	21,100	23,700	44,800	10.9	12.6	11.7
	February	18,800	20,700	39,600	9.9	11.1	10.5

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	February	52,700	44,100	96,800	4.2	4.0	4.1
	March	55,400	49,000	104,400	4.4	4.5	4.4
	April	46,600	43,300	89,800	3.7	4.0	3.8
	May	41,100	38,600	79,600	3.3	3.5	3.4
	June	38,900	38,000	77,000	3.1	3.5	3.3
	July	39,500	37,400	76,900	3.1	3.4	3.3
	August	39,900	39,500	79,300	3.2	3.6	3.4
	September	39,900	37,900	77,800	3.2	3.5	3.3
	October	41,800	41,200	83,000	3.3	3.7	3.5
	November	42,700	41,700	84,400	3.4	3.8	3.5
	December	43,300	39,400	82,700	3.4	3.5	3.5

2023	January	44,500	35,800	80,300	3.5	3.2	3.3
	February	44,200	34,100	78,300	3.4	3.0	3.2
	March	43,700	34,200	77,900	3.4	3.0	3.2
	April	43,700	34,800	78,500	3.4	3.0	3.2
	May	44,600	35,100	79,700	3.5	3.1	3.3
	June	47,100	36,100	83,200	3.7	3.2	3.4
	July	46,700	36,300	83,000	3.6	3.2	3.4
	August	46,700	36,700	83,400	3.6	3.2	3.4
	September	46,700	38,300	84,900	3.6	3.3	3.5
	October	46,000	39,500	85,500	3.5	3.5	3.5
	November	44,300	40,600	84,800	3.4	3.5	3.5
	December	43,700	40,500	84,200	3.4	3.5	3.4

2024	January	43,400	41,100	84,500	3.3	3.5	3.4
	February	39,500	40,200	79,800	3.0	3.5	3.2

Monthly Unemployment February 2024