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Monthly Unemployment January 2024

The Monthly Unemployment rate for January 2024 was 4.5%

Online ISSN: 2009-8456

CSO statistical publication, 31 January 2024, 11am

Key Findings

In January 2024, the seasonally adjusted unemployment rate was:

Up to 4.6% for males from the revised rate of 4.3% in December 2023, and up from 4.3% in January 2023.
Down to 4.4% for females in January 2024 from the revised rate of 4.8% in December 2023, and up from a rate of 4.1% in January 2023.
Up to 12.1% in January 2024 for persons aged 15-24 years (youth unemployment rate), from a revised rate of 11.5% in December 2023.
Down to 3.3% for persons aged 25-74 years, from the revised rate of 3.4% in December 2023.

Statistician's Comment

The Central Statistics Office (CSO) has today (31 January 2024) issued Monthly Unemployment Estimates results for January 2024.

Commenting on today’s release, Conor Delves, Statistician in the Labour Market Analysis Section, said: “The seasonally adjusted unemployment rate for January 2024 (for all persons aged 15-74 years) was unchanged at 4.5%, from the rate recorded in December 2023 and up from 4.2% in January 2023. In January 2024, the unemployment rate for males was 4.6%, and for females it was 4.4%.

The seasonally adjusted number of people unemployed was 127,700 in January 2024, compared with 127,500 in December 2023. There was an increase of 12,600 in the seasonally adjusted number of people unemployed in January 2024 when compared with a year earlier.

The seasonally adjusted number of males unemployed rose to 68,500 in January 2024, compared with 64,000 in December 2023. The seasonally adjusted number of females unemployed decreased by 4,300 people over the month to January 2024 from 63,500 to 59,200.”

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.

Please Note: Labour Force Survey (LFS) Census revisions, which account for the differences between quarterly population estimates used to calibrate the LFS estimates and revised population estimates following Census 2022 results, will be published in the Q4 2024 results on Thursday 22 February. The Monthly Unemployment Series has been revised to include all LFS quarterly benchmarks from Q3 2016 to Q4 2023 in line with LFS Census revisions. See background notes for methodology of LFS benchmarks.

The Monthly Unemployment Estimates published today for January 2024 have incorporated the LFS benchmarks up to Q4 2023 for the monthly estimates up to December 2023. The estimate for January 2024 has been forecasted. Forecasted figures are subject to revision.

Headline Table and Graph

Seasonally Adjusted Monthly Unemployment
	Number of persons unemployed	Unemployment rate (%)
January 2023	115,100	4.2
December 2023	127,500	4.5
January 2024	127,700	4.5
	Number	Percentage points
Change in month	200	0.0
Change in year	12,600	0.3

Open in Excel: Monthly Unemployment January 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

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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	January	68,900	62,100	130,900	4.9	4.9	4.9
	February	64,600	58,500	123,100	4.6	4.6	4.6
	March	69,800	63,100	132,900	4.9	5.0	4.9
	April	64,200	57,400	121,600	4.5	4.5	4.5
	May	59,700	52,500	112,200	4.2	4.2	4.2
	June	58,800	54,300	113,100	4.1	4.3	4.2
	July	59,400	54,900	114,400	4.1	4.4	4.2
	August	58,800	58,100	116,900	4.1	4.6	4.3
	September	58,800	56,800	115,600	4.1	4.5	4.3
	October	61,100	59,900	121,000	4.2	4.7	4.5
	November	62,700	60,100	122,800	4.3	4.7	4.5
	December	62,100	56,800	118,900	4.3	4.4	4.3

2023	January	62,400	52,700	115,100	4.3	4.1	4.2
	February	61,500	50,100	111,600	4.2	3.9	4.0
	March	61,900	50,300	112,200	4.2	3.8	4.1
	April	62,300	51,100	113,400	4.3	3.9	4.1
	May	63,200	51,600	114,800	4.3	3.9	4.1
	June	67,500	54,200	121,700	4.6	4.1	4.4
	July	67,400	55,000	122,500	4.6	4.2	4.4
	August	67,800	56,300	124,100	4.6	4.3	4.4
	September	68,300	60,700	129,000	4.6	4.6	4.6
	October	66,200	61,100	127,300	4.5	4.6	4.5
	November	63,900	62,300	126,200	4.3	4.7	4.5
	December	64,000	63,500	127,500	4.3	4.8	4.5

2024	January	68,500	59,200	127,700	4.6	4.4	4.5

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	January	14,700	17,300	32,000	8.5	10.1	9.3
	February	12,900	14,300	27,200	7.5	8.5	8.0
	March	15,100	13,900	29,000	8.6	8.2	8.4
	April	17,900	14,100	32,000	10.1	8.2	9.1
	May	18,700	14,000	32,600	10.5	8.2	9.3
	June	19,800	16,300	36,000	11.1	9.7	10.4
	July	19,800	17,500	37,300	11.2	10.8	11.0
	August	18,700	18,700	37,400	10.7	11.8	11.2
	September	18,600	18,900	37,500	10.7	11.8	11.2
	October	18,900	18,700	37,600	10.8	11.4	11.1
	November	19,400	18,500	37,900	11.0	11.0	11.0
	December	18,500	17,500	36,000	10.4	10.3	10.4

2023	January	18,100	16,900	35,000	10.1	9.9	10.0
	February	18,300	15,800	34,200	10.2	9.3	9.8
	March	18,800	15,900	34,700	10.5	9.2	9.9
	April	18,900	16,300	35,200	10.6	9.4	10.0
	May	18,600	16,500	35,200	10.4	9.5	9.9
	June	20,200	18,100	38,300	11.2	10.3	10.7
	July	20,500	18,800	39,200	11.3	10.6	10.9
	August	20,800	19,600	40,400	11.3	11.1	11.2
	September	21,200	22,400	43,700	11.4	12.4	11.9
	October	19,700	21,600	41,300	10.4	12.0	11.2
	November	18,900	21,800	40,700	10.0	11.9	10.9
	December	19,900	23,200	43,200	10.4	12.5	11.5

2024	January	21,400	25,000	46,400	11.0	13.2	12.1

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	January	54,100	44,800	98,900	4.3	4.1	4.2
	February	51,700	44,300	95,900	4.2	4.0	4.1
	March	54,700	49,200	103,900	4.4	4.5	4.4
	April	46,300	43,300	89,600	3.7	4.0	3.8
	May	41,000	38,600	79,600	3.3	3.5	3.4
	June	39,100	38,000	77,100	3.1	3.5	3.3
	July	39,700	37,400	77,000	3.1	3.4	3.3
	August	40,100	39,400	79,500	3.2	3.6	3.4
	September	40,200	37,900	78,100	3.2	3.5	3.3
	October	42,200	41,200	83,400	3.3	3.7	3.5
	November	43,300	41,600	84,900	3.4	3.7	3.6
	December	43,600	39,200	82,900	3.4	3.5	3.5

2023	January	44,300	35,800	80,100	3.4	3.2	3.3
	February	43,200	34,200	77,400	3.4	3.0	3.2
	March	43,100	34,400	77,500	3.4	3.0	3.2
	April	43,400	34,800	78,200	3.4	3.0	3.2
	May	44,600	35,100	79,600	3.5	3.1	3.3
	June	47,300	36,100	83,400	3.7	3.1	3.4
	July	47,000	36,300	83,300	3.7	3.2	3.4
	August	47,000	36,700	83,700	3.6	3.2	3.4
	September	47,100	38,300	85,300	3.6	3.3	3.5
	October	46,500	39,500	86,000	3.6	3.4	3.5
	November	45,000	40,500	85,500	3.5	3.5	3.5
	December	44,000	40,300	84,400	3.4	3.5	3.4

2024	January	47,100	34,200	81,300	3.6	3.0	3.3

Monthly Unemployment January 2024