In July 2023 the seasonally adjusted unemployment rate was:
Down to 4.3% for males from a revised rate of 4.5% in June 2023, and up from 4.1% in July 2022.
Unchanged at a revised June 2023 rate of 3.9% for females, and down from a rate of 4.4% in July 2022.
Up to 10.7% for persons aged 15-24 years (youth unemployment rate), from a revised rate of 10.5% in June 2023.
Down to 3.1% for persons aged 25-74 years, from 3.3% in June 2023.
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 observed in the revised figures from today's publication, particularly in relation to the youth unemployment figures for Q2 2023.
The Monthly Employment Estimates published today for July 2023 have incorporated the LFS benchmarks up to Q2 2023 for the monthly estimates up to June 2023. The estimates for July 2023 have been forecasted. These forecasted figures are subject to revision.
Seasonally Adjusted Monthly Unemployment | |||
Number of persons unemployed | Unemployment rate (%) | ||
July 2022 | 111,800 | 4.2 | |
June 2023 | 115,500 | 4.2 | |
July 2023 | 111,900 | 4.1 | |
Number | Percentage points | ||
Change in month | -3,600 | -0.1 | |
Change in year | 100 | -0.1 |
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Statistician's Comment
The Central Statistics Office (CSO) has today (02 August 2023) issued Monthly Unemployment Estimates results for July 2023.
Commenting on today’s release, Conor Delves, Statistician in the Labour Market Analysis Section, said: “The seasonally adjusted unemployment rate for July 2023 (for all persons aged 15-74 years) was 4.1%, down from a rate of 4.2% recorded in June 2023 and in July 2022. In July 2023 the unemployment rate for males was 4.3% and for females was 3.9%.
The seasonally adjusted number of persons unemployed was 111,900 in July 2023, compared with 115,500 in June 2023. There was an increase of 100 in the seasonally adjusted number of persons unemployed in July 2023 when compared with a year earlier.
The seasonally adjusted number of males unemployed was down to 61,500 in July 2023, compared with 63,800 in June 2023. In July 2023 the seasonally adjusted number of females unemployed decreased to 50,400 from the 51,600 observed in June 2023.”