The number of persons aged 15-74 years who were unemployed decreased by 30,000 (-20.1%) to 119,100 in the year to Q3 2022, using standard International Labour Organisation (ILO) criteria. The unadjusted unemployment rate for persons aged 15-74 years decreased from 5.7% to 4.5% over the year to Q3 2022. See Table 2.1.
Unemployment decreased by 19,200 (-24.4%) for males to 59,400 in the year to Q3 2022 – this compares with a fall of 10,800 (-15.3%) to 59,700 for females over the same period. The unemployment rate for males was 4.2% in Q3 2022 down from 5.7% a year earlier while the corresponding rates for females were 4.8% and 5.8% respectively.
The unemployment volume for males of 59,400 is the lowest since Q4 2006, and the male unemployment rate of 4.2% is the lowest since Q4 2005. See Tables 2.1 and 3.1.
The unemployment rate for those aged 15-24 years, known as the Youth Unemployment Rate, stood at 12.0% in Q3 2022 down from 12.1% in Q3 2021. See Table 2.2.
Just under three quarters (72.8%)* of unemployed persons in Q3 2022 were in short-term unemployment (less than one year). Over the year to Q3 2022, short-term unemployment fell by 13,500 (-14.4%) to 80,800 while there was a fall of 14,900 (-33.1%) in the numbers of long-term unemployed to 30,200. See Table 3.2.
*excluding ‘Not stated’
The long-term unemployment rate decreased from 1.7% in Q3 2021 to 1.1% in Q3 2022. Just over a quarter (27.2%)* of unemployed persons were in long-term unemployment in Q3 2022 which is down from 32.3%* a year earlier. See Table 3.2.
*excluding ‘Not stated’
On an annual basis, unemployment decreased in all eight NUTS 3 regions with the exception of the Border region.
The largest decrease occurred in the Dublin region (-9,000) followed by the Mid-East region (-7,600). Unemployment in the Border region increased by 3,900. See Table 2.5.