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The standardised Irish unemployment rate (SUR) in November 2011 was 14.5%, up slightly from a rate of 14.4% in October. The latest seasonally adjusted unemployment rate from the Quarterly National Household Survey was 14.2% in the second quarter of 2011. There were 179,890 people on the Live Register for more than a year in November. The Central Statistics Office said that on a seasonally adjusted basis there was an increase of 1,700 (+0.4%) on the Live Register in the month to November 2011 bringing the seasonally adjusted total to 448,600. For both the SUR and the seasonally adjusted total the November 2011 numbers are at the joint highest levels recorded during 2011. However these estimates have remained in a narrow range throughout the year indicating that while fluctuations are occurring between months the underlying trend has been relatively flat over the period. In unadjusted terms there were 429,567 people signing on the Live Register in November 2011. This represents an increase of 4,565 (+1.1%) over the year. Other features include: On a seasonally adjusted basis the Live Register showed a monthly decrease of 900 males, while the number of females increased by 2,500 in November 2011. The number of female claimants increased by 8,267 (+5.7%) to 153,041 over the year, while the number of male claimants decreased by 3,702 (-1.3%) to 276,526. This compares with increases of 7,362 (+5.4%) and 4,135 (+1.5%) for females and males respectively in the year to November 2010. The CSO says the Live Register is not designed to measure unemployment. It includes part-time workers (those who work up to three days a week), seasonal and casual workers entitled to Jobseeker’s Benefit or Allowance. Unemployment is measured by the Quarterly National Household Survey and the latest estimated number of persons unemployed as of the second quarter of 2011 was 304,500. The number of long term claimants on the Live Register in November 2011 was 179,890. The number of male long term claimants increased by 19,939 (+18.1%) in the year to November 2011, while the comparable increase for females was 9,624 (+24.1%) giving an overall annual increase of 29,563 (+19.7%) in the number of long term claimants. This rate of increase in long term claimants has been slowing through the year with an annual increase of 57,597 (55.9%) having been recorded in January 2011. Check out our new subscription service, Finfacts Premium , at a low annual charge of €25 - - if you are a regular user of Finfacts, 50 euro cent a week is hardly a huge ask to support the service. It's a simple fact that in the prevailing economic climate, the provision of high quality content cannot be sustained through advertising alone. Business executives who put a premium on time and value high quality information, should use our service.
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