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Monthly Estimates of Payroll Employees using Administrative Data October 2024

The Monthly Employee Index increased by 0.7% in the month to October 2024

Online ISSN: 2811-5791
CSO statistical publication, , 11am
A CSO Frontier Series Output

This publication is categorised as a CSO Frontier Series Output. Particular care must be taken when interpreting the statistics in this release as it may use new methods which are under development and/or data sources which may be incomplete, for example new administrative data sources.

Key Findings

  • The monthly employee index for males rose by 0.5%, while the employee index for females was up by 1.0% in the month to October 2024.

  • Taking age into account, all groups saw monthly increases in October. The largest rises were in the 15-19 years (+2.7%) and 65 years and over (+0.9%) age groups.

  • The largest monthly increase by economic sector in October 2024 was in Human Health & Social Work Activities (+1.3%), followed by Arts, Entertainment, Recreation & Other Service Activities (+0.7%).

  • The seasonally adjusted employee index was up by 1.9% in the 12 months to October 2024.

Statistician's Comment

The Central Statistics Office (CSO) has today (13 December 2024) published Monthly Estimates of Payroll Employees using Administrative Data, October 2024.

Commenting on the release, Aoife McHugh, Statistician in the Labour Market & Earnings Division, said:

“Eleven NACE sectors saw a monthly increase in the numbers employed in October 2024, while three sectors decreased, and one remained unchanged. The sector that observed the largest monthly increase was Human Health & Social Work Activities, (+1.3%), while the largest monthly fall was seen in Services (T, U) (-1.0%). It should be noted that Services (T, U) is the smallest sector, with 4,400 employees in October 2024.

The 15-19 years age group saw the largest increase in employees in the month to October 2024 (+2.7%).

On an annual basis, the seasonally adjusted index went up by 1.9% from October 2023 to October 2024.”

Data from this release supplement those in the Labour Force Survey (LFS) quarterly series, which is the official measure of both employment and unemployment for the State. Monthly Estimates of Payroll Employees using Administrative Data are of relevance to LFS Seasonally Adjusted Estimates and Employment outputs.

Seasonal Adjustment

The Monthly Estimates of Payroll Employees using Administrative Data release is a very short time series (just over five years of monthly data) and is thus at the lower limit of acceptable length for the seasonal adjustment process. In the short term, care should be taken in interpreting the seasonally adjusted output. Users should be aware that there is increased uncertainty around the seasonally adjusted figures during the COVID-19 period due to the volatility of the data. Non-seasonally adjusted data are available on PxStat. The seasonal models were revised in June 2024. The models are being updated as part of the annual review process in accordance with the CSO and ESS (European Statistical System/Eurostat) guidelines.

Revisions and Rounding

The Monthly Estimates of Payroll Employees using Administrative Data is published as a 'Frontier' release, therefore the methodology and data are subject to revision. As more data become available, due to later transmissions from employers, the series may change from month to month. As this particularly affects the most recent months, figures should be considered provisional for the two most recent months for the non-seasonally adjusted data. Estimates for 2023 were revised in June 2024 as part of an annual review with the latest data available. All figures for monthly percentage change and annual percentage change are calculated prior to the input data being rounded.

Note: It is anticipated that an update including new weighting will be introduced in forthcoming months. This will result in a break in series.

Headline Table

Number of Employees and Employee Index, Monthly and Annual Changes, Seasonally Adjusted
PeriodNumber of EmployeesEmployee Index (Base year: 2019=100)Monthly % Change Annual % Change
October 20232,449,600113.70.52.8
September 20242,478,700115.1-0.91.7
October 20242,497,100115.90.71.9

Employee Index Totals, Seasonally Adjusted

The seasonally adjusted index increased by 1.9% in October 2024 when compared with October 2023. March 2021 was the last month to show an annual decrease (-11.1%) in the employee index.

Figure 1: Employee Index, Seasonally Adjusted
Table 1 Employee Index and Total Number of Employees, Seasonally Adjusted

Employee Index by Sex, Seasonally Adjusted

On an annual basis, the female index increased by 2.0%, while the male index rose by 1.8%. On a monthly basis the female index was up by 1.0%, while the male index increased by 0.5%.

Figure 2: Employee Index classified by Sex, Seasonally Adjusted
Table 2 Employee Index by Sex, Seasonally Adjusted

Table 2a Number of Employees by Sex, Seasonally Adjusted

Employee Index by Age Groups, Seasonally Adjusted

With the exception of the 15-19 years age category (-2.9%), all age groups saw annual increases in the employee index. The age groups with the largest annual rise in employees was 65 years and over (+8.6%), followed by those aged 60-64 years (+5.2%).

Figure 3: Employee Index Monthly and Annual Percentage Changes October 2024, Seasonally Adjusted
Table 3 Employee Index by Age Group, Seasonally Adjusted

Table 3a Number of Employees by Age Group, Seasonally Adjusted

Employee Index by Economic Sectors

Twelve economic sectors showed an annual increase in the employee index when compared with October 2023. The sectors showing the largest annual increases Human Health & Social Work Activities (+4.9%) and Construction (+3.5%). The largest decreases were recorded in Information & Communication and Accommodation & Food Service Activities (both -0.8%).

Figure 4: Employee Index classified by NACE Rev.2 Economic Sector, Seasonally Adjusted
Table 4 Employee Index classified by NACE Rev.2 Economic Sector, Seasonally Adjusted

Table 4a Number of Employees classified by NACE Rev.2 Economic Sector, Seasonally Adjusted

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