See Search Box
lower down this column for searches of Finfacts news pages. Where there may be
the odd special character missing from an older page, it's a problem that
developed when Interactive Tools upgraded to a new content management system.
Welcome
Finfacts is Ireland's leading business information site and
you are in its business news section.
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.
