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CSO statistical release, 27 February 2018, 11am

Monthly Unemployment

February 2018

	Seasonally adjusted number of persons unemployed	Seasonally adjusted unemployment rate (%)
February 2017	169,600	7.3
January 2018	143,900	6.1
February 2018	141,600	6.0
		Percentage Points
Change in month	- 2,300	- 0.1
Change in year	- 28,000	- 1.3

Monthly unemployment rate of 6.0% February 2018

Figure 1 Monthly unemployment rate seasonally adjusted

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The seasonally adjusted unemployment rate for February 2018 was 6.0%, down from the rate of 6.1% in January 2018 and down from 7.3% in February 2017. The seasonally adjusted number of persons unemployed was 141,600 in February 2018, down from 143,900 when compared to the January 2018 figure and a decrease of 28,000 when compared to February 2017.

Summary points for February

In February 2018 the seasonally adjusted unemployment rate was 6.5% for males, unchanged from January 2018 and down from 7.4% in February 2017.

The seasonally adjusted unemployment rate for females in February 2018 was 5.5%, down from 5.6% in January 2018 and down from 7.1% in February 2017.

The seasonally adjusted number of males unemployed in February 2018 was 82,600, down from 83,600 in January 2018. In February 2018 the seasonally adjusted number of females unemployed was 59,000, a decrease of 1,300 when compared to January 2018.

The seasonally adjusted unemployment rate for persons aged 15-24 years (youth unemployment rate) was 13.2% in February 2018, a decrease from 13.5% in January 2018.

Show 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
2016	February	124,400	78,900	203,300	9.9	7.6	8.9
	March	122,400	81,100	203,400	9.8	7.7	8.8
	April	120,800	84,300	205,100	9.6	8.0	8.9
	May	119,900	85,400	205,300	9.5	8.0	8.8
	June	118,300	85,200	203,500	9.4	8.0	8.7
	July	116,800	81,500	198,300	9.2	7.7	8.5
	August	114,600	80,100	194,600	9.0	7.5	8.4
	September	108,700	76,100	184,800	8.6	7.2	7.9
	October	103,400	75,800	179,200	8.2	7.1	7.7
	November	99,300	76,400	175,800	7.9	7.2	7.6
	December	96,700	77,100	173,800	7.7	7.2	7.5

2017	January	94,300	78,100	172,500	7.5	7.3	7.4
	February	93,100	76,500	169,600	7.4	7.1	7.3
	March	92,500	71,100	163,600	7.3	6.6	7.0
	April	92,000	65,100	157,100	7.3	6.1	6.8
	May	91,800	62,000	153,800	7.3	5.8	6.6
	June	90,600	62,500	153,100	7.2	5.9	6.6
	July	89,900	67,400	157,300	7.1	6.3	6.7
	August	88,700	67,400	156,200	7.0	6.3	6.7
	September	87,800	67,900	155,700	6.9	6.3	6.6
	October	86,900	66,700	153,500	6.8	6.2	6.5
	November	85,500	64,500	150,000	6.7	6.0	6.4
	December	84,700	62,200	146,800	6.6	5.8	6.2

2018	January	83,600	60,300	143,900	6.5	5.6	6.1
	February	82,600	59,000	141,600	6.5	5.5	6.0

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Open in Excel: Monthly Unemployment February 2018 Table 1(a) (XLS 45KB)

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Show 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
2016	February	32,200	16,100	48,300	21.6	12.8	17.6
	March	31,700	17,600	49,300	20.9	13.5	17.5
	April	31,100	19,700	50,700	20.2	14.5	17.5
	May	31,200	20,600	51,800	19.9	14.8	17.5
	June	31,100	20,400	51,500	19.7	14.5	17.2
	July	31,600	19,100	50,700	19.8	13.8	17.0
	August	31,500	18,600	50,100	19.8	13.5	16.9
	September	30,000	18,000	48,000	19.1	13.1	16.3
	October	29,300	18,600	47,900	18.9	13.4	16.3
	November	27,900	18,900	46,800	18.3	13.5	16.0
	December	25,900	18,700	44,700	17.2	13.4	15.4

2017	January	23,200	18,300	41,500	15.8	13.1	14.5
	February	22,000	17,700	39,700	15.2	12.8	14.0
	March	23,400	17,100	40,500	16.1	12.5	14.4
	April	25,200	16,600	41,800	17.2	12.3	14.8
	May	26,300	16,300	42,600	18.0	12.3	15.3
	June	25,200	16,700	41,900	17.8	12.8	15.4
	July	23,200	17,600	40,800	17.1	14.0	15.6
	August	21,900	17,700	39,600	16.4	14.4	15.4
	September	20,900	17,700	38,600	15.5	14.5	15.0
	October	20,400	16,900	37,300	15.3	14.0	14.7
	November	19,800	15,700	35,500	15.0	13.0	14.1
	December	19,700	14,900	34,600	15.0	12.4	13.8

2018	January	19,700	14,100	33,800	15.1	11.8	13.5
	February	19,500	13,200	32,700	15.1	11.2	13.2

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Open in Excel: Monthly Unemployment February 2018 Table 1(b) (XLS 45KB)

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Show 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
2016	February	92,200	62,800	155,000	8.4	6.8	7.7
	March	90,700	63,500	154,200	8.2	6.9	7.6
	April	89,700	64,600	154,300	8.1	7.0	7.6
	May	88,800	64,800	153,500	8.0	7.0	7.6
	June	87,200	64,800	152,000	7.9	7.0	7.5
	July	85,200	62,400	147,700	7.7	6.8	7.3
	August	83,100	61,400	144,500	7.5	6.6	7.1
	September	78,700	58,100	136,800	7.1	6.3	6.7
	October	74,100	57,200	131,400	6.7	6.2	6.5
	November	71,400	57,600	129,000	6.4	6.2	6.3
	December	70,700	58,400	129,100	6.4	6.3	6.3

2017	January	71,100	59,900	131,000	6.4	6.4	6.4
	February	71,100	58,800	129,900	6.4	6.3	6.3
	March	69,000	54,000	123,100	6.2	5.8	6.0
	April	66,800	48,500	115,300	6.0	5.2	5.6
	May	65,600	45,600	111,200	5.9	4.9	5.4
	June	65,400	45,900	111,300	5.8	4.9	5.4
	July	66,700	49,800	116,500	5.9	5.3	5.6
	August	66,900	49,700	116,600	5.9	5.2	5.6
	September	66,900	50,200	117,100	5.9	5.3	5.6
	October	66,400	49,800	116,200	5.8	5.2	5.6
	November	65,700	48,800	114,500	5.7	5.1	5.5
	December	65,000	47,300	112,300	5.7	5.0	5.3

2018	January	63,900	46,200	110,100	5.6	4.8	5.2
	February	63,100	45,800	108,900	5.5	4.8	5.2

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Open in Excel: Monthly Unemployment February 2018 Table 1(c) (XLS 45KB)

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Background Notes

Background Notes

Purpose

The purpose of this release is to provide a detailed series of monthly unemployment estimates. The release contains both monthly unemployment rates and monthly unemployment volumes.

Calculation of Monthly Estimates

The Labour Force Survey (LFS) provides benchmark estimates of employment and unemployment for each quarter since the beginning of 1998. These quarterly benchmark estimates are then used to compile monthly data using the Proportional Denton method. The main characteristic of this method is that the monthly Live Register series is used as an indicator to disaggregate the quarterly LFS unemployment series into a monthly series in such a way as to minimise the differences between two consecutive months. It also ensures that the average of three months in a particular calendar quarter is equal to the corresponding LFS estimate.

For months where the quarterly unemployment data is not yet available, the ratio of the LFS monthly estimate to the Live Register monthly estimate (i.e. the benchmark to indicator ratio) is forecast forward in order to extrapolate a monthly LFS estimate. The monthly series is revised each quarter when the latest quarterly data becomes available. This approach adheres to agreed international practice.

Seasonal Adjustment

To correct for typical seasonal patterns, the data series included have been concurrently seasonally adjusted. This seasonal adjustment is completed by applying the X-12-ARIMA model, developed by the U.S. Census Bureau. In the case of these monthly unemployment estimates, seasonal adjustment is conducted using the indirect approach, where each individual series is independently adjusted. To preserve consistency between the individual and aggregate series, the series for gender, age group and total monthly unemployed are then created from these component series. The series for monthly unemployment rates are likewise created from these component series.

Additional Background Information

Further information regarding the LFS and Live Register series are available from each respective release, while specific information regarding the new LFS and the impact of the revisions arising from the Census of Population 2016 is available in an additional information note.

http://www.cso.ie/en/csolatestnews/presspages/2018/labourforcesurveyq32017/

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Monthly Unemployment

February 2018

Monthly unemployment rate of 6.0% February 2018

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