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Monthly Unemployment July 2024

The Monthly Unemployment rate for July 2024 was 4.7%, up 0.2 percentage points from the previous month

Online ISSN: 2009-8456
CSO statistical publication, , 11am

Key Findings

  • In July 2024, the seasonally adjusted unemployment rate was 4.7%, which was up from the revised rate of 4.5% in June 2024.On an annual basis, the seasonally adjusted unemployment rate increased to 4.7% in July 2024 from a rate of 4.3% in July 2023.

  • Breaking down the results by sex, the Monthly Unemployment rate in July 2024 was 4.7% for males, up from the revised rate of 4.5% in June 2024 and from a rate of 4.5% in July 2023.

  • The Monthly Unemployment rate in July 2024 was 4.8% for females up from the revised rate of 4.5% in June 2024, and from a rate of 4.1% in July 2023.

  • In terms of age, the Monthly Unemployment rate for people aged 15-24 years (youth unemployment rate) rose to 11.4%, from a revised rate of 10.4% in June 2024.

  • The Monthly Unemployment rate for people in July 2024 aged 25-74 years rose to 3.7% from a rate of 3.6% in June 2024. 

Statistician's Comment

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

Commenting on today’s release, Conor Delves, Statistician in the Labour Market Analysis Section, said: The seasonally adjusted unemployment rate for July 2024 (for all people aged 15-74 years) was 4.7%, up from 4.5% recorded in June 2024 and from 4.3% in July 2023. In July 2024, the unemployment rate for males was 4.7%, and 4.8% for females.

The seasonally adjusted number of people unemployed was 136,100 in July 2024, compared with 129,000 in June 2024. There was an increase of 16,200 in the seasonally adjusted number of people unemployed in July 2024 when compared with a year earlier.

The seasonally adjusted number of unemployed males rose to 70,900 in July 2024, compared with 68,100 in June 2024. The seasonally adjusted number of unemployed females in July 2024 increased to 65,100 from 60,800 in June 2024.”

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 July 2024 have incorporated the LFS benchmarks up to Q2 2024 for the monthly estimates up to June 2024. The estimates for July 2024 have been forecasted. Forecasted figures are subject to revision.

Headline Table and Graph

Seasonally Adjusted Monthly Unemployment
 Number of persons unemployed Unemployment rate (%)
July 2023119,9004.3
June 2024129,0004.5
July 2024136,100 4.7
 Number Percentage points
Change in month7,1000.2
Change in year16,200 0.4
Figure 1: Seasonally Adjusted Monthly Unemployment Rate (ILO), July 2021 to July 2024

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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