For August 2022 the seasonally adjusted unemployment rate was:
Unchanged at 4.1% for males from July 2022, and down from 5.5% in August 2021.
Up to 4.5% for females from a revised rate of 4.4% in July 2022, and down from 5.4% in August 2021.
Up to 11.6% for persons aged 15-24 years (youth unemployment rate) from a revised rate of 11.1% in July 2022.
Unchanged at 3.1% for persons aged 25-74 years from July 2022.
The methodology for the Monthly Unemployment Estimates involves forecasting the number of persons who are unemployed using the trend in the recipient Live Register series. The Department of Social Protection is providing Working Age Income supports to people arriving in Ireland from Ukraine under the Temporary Protection Directive. The Live Register series includes recipients of these supports who have met the relevant criteria. This has impacted on the numbers of unemployed, primarily females, in these monthly estimates.
Data in this release are subject to revision based on updates to the seasonally adjusted series whenever new monthly data are added. In addition, it should be noted that larger revisions can occur when the most recent Labour Force Survey (LFS) data are included in the calculation process.
The Monthly Employment Estimates published today for August 2022 have incorporated the LFS benchmarks up to Q2 2022 for the monthly estimates up to June 2022 while the estimates for July 2022 and August 2022 have been forecasted.
| Seasonally Adjusted Monthly Unemployment | |||
| Number of persons unemployed | Unemployment rate (%) | ||
| August 2021 | 140,700 | 5.5 | |
| July 2022 | 114,300 | 4.2 | |
| August 2022 | 117,200 | 4.3 | |
| Number | Percentage Points | ||
| Change in month | 2,900 | 0.1 | |
| Change in year | -23,500 | - 1.2 | |
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Statistician's Comment
The Central Statistics Office (CSO) has today (31 August 2022) issued Monthly Unemployment Estimates results for August 2022.
Commenting on today’s publication, John Mullane, Statistician in the Labour Market Analysis Section said:
“The seasonally adjusted unemployment rate for August 2022 was 4.3%, up from a rate of 4.2% in July 2022 and down from 5.5% in August 2021. The rate of 4.3% in August 2022 is lower than the pre-pandemic level of 5.0% in August 2019. The unemployment rate for males was 4.1% and 4.5% for females in August 2022.
The seasonally adjusted number of persons unemployed was 117,200 in August 2022, compared with 114,300 in July 2022. There was a decrease of 23,500 in the seasonally adjusted number of persons unemployed from a year earlier.
The seasonally adjusted number of males unemployed was 59,100 in August 2022, compared with 58,700 in July 2022. For August 2022 the seasonally adjusted number of females unemployed was 58,100, compared with 55,600 in July 2022.”