Irish Economy 2013: The numbers of people
on the Live Register and in publicly-funded activation programs fell by 6,400 to
477,900 in August.
The CSO said today that on a seasonally adjusted basis the Live Register total recorded a monthly
decrease of 3,400 in August 2013, reducing the seasonally adjusted total to 415,300.
There were 63,600 in various activation programs and this number is not counted
as part of the Live Register.
In unadjusted terms, there were 435,280 people signing on the Live Register in August 2013. This represents an annual decrease of 20,976 (-4.6%).
Irish Economy 2013: Emigration by Irish nationals jumps in year
The standardised unemployment rate (SUR) in August 2013 was 13.4%, down from 13.5% in July 2013. The seasonally adjusted unemployment rate from the most recent Quarterly National Household Survey (QNHS) was 13.7% in the second quarter of 2013.
Other features include:
- On a seasonally adjusted basis the Live Register showed a monthly decrease of
3,000 males in August 2013, while females decreased by 500 over the same period.
- The number of male claimants decreased by 20,182 (-7.0%) to 266,443 over the
year while female claimants showed little change decreasing by 794 (-0.5%) to
168,837. This compares with a decrease of 10,228 (-3.4%) to 286,625 for males
and a decrease of 3,229 (-1.9%) to 169,631 for females in the year to August 2012.
The CSO said 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 (JB) or Jobseeker’s Allowance
(JA). Unemployment is measured by the Quarterly National Household Survey and
the latest estimated number of persons unemployed as of the second quarter of
2013 was 300,700.
Tables and more details [pdf]
David McNamara, economist at Davy,
comments - - "Today's figures show that the recent improvements in the labour
market gained further momentum in August. The numbers on the seasonally adjusted
Live Register fell by 3,400 to 415,300, and the unemployment rate declined to
13.4%. New data also show a pick-up in net job creation in 2012. However, 45%
of those on the Register were out of work for over a year, illustrating the
scale of the spare capacity in the labour market and the skills mismatch that
Live Register numbers at lowest level since July 2009
Today's figures show that the recent improvements in the labour market gained
further momentum in August. The numbers on the seasonally adjusted Live Register
fell by 3,400 to 415,300. This is the lowest level since July 2009. The
unemployment rate also declined over the month to 13.4% from 13.5%. In the year
to August, 21,000 fewer people were on the Register, and the unemployment rate
fell from 14.7% to the current 13.4%.
The numbers on the long-term Register have also begun to fall. In August, the
number of claimants on the Register for more than one year was 196,808, a 2.3%
fall on the same month in 2012. While encouraging, these numbers still account
for 45% of all claimants on the Register. Many of those are former construction
workers (20.9%), illustrating the skills mismatch in a jobs market that is
currently creating more jobs in the services sector.
The number of younger claimants has also continued to fall in recent months. In
August, 65,400 of all claimants were under 25, a 7,800 (10.7%) fall year-on-year
(compared to a 4.6% decline in the overall Register). We now know that the
improvement in this category is largely due to emigration. In the year to April,
net migration among those under 25 accounted for 21,800 of the 33,100 in net
migration from Ireland.
Another release from the CSO this morning showed that the annual 'jobs churn'
returned to positive territory in 2012. This means job creation outpaced job
destruction during the year. Net job creation was estimated at 1%, the first
positive out-turn since 2007, with the data pointing to a steady improvement in
job creation since 2010."
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