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The number of persons aged 15-74 years who were unemployed increased by 3,900 (3.5%) to 115,200 in the year to Q1 2024, using standard International Labour Organisation (ILO) criteria. The unadjusted unemployment rate for persons aged 15-74 years increased from 4.0% to 4.1% over the year to Q1 2024. See Table 2.1.
Unemployment decreased by 3,600 (-5.7%) for males to 59,300 in the year to Q1 2024 – this compares with a rise of 7,500 (+15.4%) to 55,900 for females over the same period. The unemployment rate for males was 4.0% in Q1 2024 down from 4.3% a year earlier while the corresponding rates for females were 4.2% and 3.8% respectively.
The unemployment rate for those aged 15-24 years, known as the Youth Unemployment Rate, stood at 8.8% in Q1 2024 up from 8.6% in Q1 2023. See Table 2.2.
73.7%* of unemployed persons in Q1 2024 were in short-term unemployment (less than one year). Over the year to Q1 2024, short-term unemployment rose by 10,700 (+15.4%) to 80,700 while there was a decrease of 3,500 (-10.7%) in the numbers of long-term unemployed to 28,800. See Table 3.2.
*excluding ‘Not stated’
The long-term unemployment rate decreased from 1.2% in Q1 2023 to 1.0% in Q1 2024. Over a quarter (26.3%)* of unemployed persons were in long-term unemployment in Q1 2024 which is down from 31.5%* a year earlier. See Table 3.2.
*excluding ‘Not stated’
On an annual basis, unemployment increased in three out of eight NUTS 3 regions. The largest increase in unemployment was in the South-West region, which was up 7,800 or (81.3%).
Four of the NUTS 3 regions showed a decrease in unemployment over the year to Q1 2024. The largest decrease occurred in the Dublin region (-3,200) or -7.6%.
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