| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

Follow Finfacts on Twitter

 
Web Finfacts

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.

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax - Income/Corporate

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : Irish Economy Last Updated: Sep 5, 2013 - 9:56 AM


Irish Economy 2013: Numbers on Live Register and in activation programs down 6,400 to 477,900
By Finfacts Team
Sep 4, 2013 - 2:37 PM

Email this article
 Printer friendly page

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%).

SEE: Irish Economy 2013: Emigration by Irish nationals jumps in year to April

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 currently exists.

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."

Finfacts: Irish Budget 2014: Half of Ireland's population on welfare

Check out our subscription service, Finfacts Premium , at a low annual charge of €25

Related Articles
Related Articles


© Copyright 2011 by Finfacts.com

Top of Page

Irish Economy
Latest Headlines
Finfacts launches new news site
Irish Farmers & Milk Prices: 'Shackles' off in April; Demanding safety-net in August
Irish pension managed funds returns at over 12% year-to-date in 2015
Irish chartered accountants' salary packages surge 13% in 12 months
Irish services PMI fastest rate since late 2006; Official data up only 2.4% in 12 months
Irish Economy: Tax €893m above target in year to July — €653m from corporation tax
Fact and Fiction: Time to review Ireland's economic statistics?
Irish M&A deals H1 2015: Dutch or UK firm acquires Irish firm for €32.6bn - they are both American
Irish manufacturing PMI strong in July
Irish Economy: Fall in GNP in Q1 2015; GDP rises
Irish Economy 2015: Central Bank lauds strong recovery; Time to start paying down debt
Irish Budget 2016: Ibec demands 20 tax cuts, spending and investment rises
Low pay in Ireland; Lowest social security & corporate taxes in Europe
Ireland vs Greece: Enda Kenny's false claims on growth, taxes and debt
Irish standard of living in 2014 below Euro Area average, Italian level; Prices 5th highest in EU28
Irish goods exports rose a record 30% in April - due to fake tax-related transactions
Mexican tall ship to sail into Dublin on June 17th
Irish industrial production up 20% in first four months of 2015; Construction down 2.6% in first quarter
Irish Economy 2015: ESRI slams return to boom-time pro-cyclical fiscal policy
Irish pension fund returns in average range 1.6% - 1.8% in May 2015
Irish service sector PMI remains strong; Tax avoidance clouds data
Ireland: Official unemployment rate at 9.8% in May; Broad rate at 19% — 440,000 people
Ireland: Fiscal Council warns of dodgy forecasts, no plan; OECD warns of new property bubble
Irish Public Finances: Tax revenue in first five months of 2015 €734m ahead of target
No simple measure of economic progress in Ireland: GDP & GNP defective
Irish manufacturing PMI rises in May; Production up unbelievable 45% in year to March!
ESRI says data volatility hinders Irish economic forecasting; Tax avoidance taboo cause
Ireland at 16 in international competitiveness ranking; US, Singapore and Hong Kong on top
Irish Economy 2015: Sectors to add 200,000 jobs?; Broad jobless rate at 19%
Irish Export Performance: Myths and reality - Ireland is a poor exporter
Irish Economy: 41,300 jobs added in 12 months to Q1 2015 - Construction up 19,600
China-Ireland: Economic relationship on a slow burn
Estonia, Austria, France, Ireland head global alcohol rankings
Irish Exchequer Returns: Tax receipts under target in April but ahead in year
Irish service sector PMI rose in April
Irish manufacturing PMI remained strong in April- includes overseas manufacturing
Irish Live Register + 90,000 activation scheme numbers at 439,000 in April
Ireland: Coalition drops 2018 full-employment target
Ireland Spring Statement: Noonan promises 200,000 net new jobs by 2018
Irish Economy 2015: Retail sales volume up 1.4% in month of March