For July 2022 the seasonally adjusted unemployment rate was:
Down to 4.1% for males from a revised rate of 4.2% in June 2022, and down from 5.9% in July 2021.
Unchanged at 4.3% for females from a revised rate of 4.3% in June 2022, and down from 5.7% in July 2021.
Up to 10.9% for persons aged 15-24 years (youth unemployment rate) from a revised rate of 10.8% in June 2022.
Down to 3.1% for persons aged 25-74 years from a revised rate of 3.3% in June 2022.
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. This can be seen in the revised figures today, particularly for the youth unemployment figures during Q2 2022.
The Monthly Employment Estimates published today for July 2022 have incorporated the LFS benchmarks up to Q2 2022 for the monthly estimates up to June 2022 while the estimates for July 2022 have been forecasted.
Seasonally Adjusted Monthly Unemployment | |||
Number of persons unemployed | Unemployment rate (%) | ||
July 2021 | 149,000 | 5.8 | |
June 2022 | 113,900 | 4.3 | |
July 2022 | 113,000 | 4.2 | |
Number | Percentage Points | ||
Change in month | 900 | - 0.1 | |
Change in year | - 36,000 | - 1.6 |
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Statistician's Comment
The Central Statistics Office (CSO) has today (04 August 2022) issued Monthly Unemployment Estimates results for July 2022.
Commenting on today’s publication, John Mullane, Statistician in the Labour Market Analysis Section said:
“The seasonally adjusted unemployment rate for July 2022 was 4.2%, down from a revised rate of 4.3% in June 2022 and from 5.8% in July 2021.
The seasonally adjusted number of persons unemployed was 113,000 in July 2022, compared with 113,900 in June 2022. There was a decrease of 36,000 in the seasonally adjusted number of persons unemployed from a year earlier.
The seasonally adjusted number of males unemployed was 58,200 in July 2022, compared with 59,600 in June 2022. In July 2022 the seasonally adjusted number of females unemployed was 54,800, compared with 54,300 in June 2022.”