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Monthly Unemployment March 2023

The Monthly Unemployment rate for March 2023 was 4.3%

Online ISSN: 2009-8456

CSO statistical publication, 05 March 2023, 11am

Key Findings

In March 2023 the seasonally adjusted unemployment rate was:

Unchanged at 4.1% for males from a revised rate in February 2023, and down from a revised rate of 5.0% in March 2022.
Down to 4.6% for females from a rate of 4.7% in February 2023, and a decrease from the rate of 5.0% in March 2022.
At 10.0% for persons aged 15-24 years (youth unemployment rate), from a rate of 10.2% in February 2023.
Unchanged at 3.5% for persons aged 25-74 years from a revised February 2023 rate.

Statistician's Comment

The Central Statistics Office (CSO) has today (05 April 2023) issued Monthly Unemployment Estimates results for March 2023.

Commenting on today’s release, Conor Delves, Statistician in the Labour Market Analysis Section, said: “The seasonally adjusted unemployment rate for March 2023 (for all persons aged 15-74 years) was unchanged at 4.3% from February 2023, and down from a rate of 5.0% in March 2022. In March 2023 the unemployment rate for males was 4.1% and for females was 4.6%.

The seasonally adjusted number of persons unemployed was 117,200 in March 2023, compared with 117,500 in February 2023. There was a decrease of 14,400 in the seasonally adjusted number of persons unemployed in March 2023 when compared with a year earlier.

The seasonally adjusted number of males unemployed was unchanged at 57,900 in March 2023, compared with February 2023. In March 2023 the seasonally adjusted number of females unemployed fell to 59,300 from the 59,600 observed in February 2023.”

Editor's Note

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 Unemployment Estimates published today for March 2023 have incorporated the LFS benchmarks up to Q4 2022 for the monthly estimates up to December 2022 while the estimates for January, February and March 2023 have been forecasted.

Headline Table and Graph

Seasonally Adjusted Monthly Unemployment
	Number of persons unemployed	Unemployment rate (%)
March 2022	131,600	5.0
February 2023	117,500	4.3
March 2023	117,200	4.3
	Number	Percentage points
Change in month	-300	0.0
Change in year	-14,400	-0.7

Open in Excel: Monthly Unemployment March 2023 Headline Table (XLS 9KB)

Tables

1a Seasonally adjusted monthly unemployment by sex - all persons aged 15-74 years

1b Seasonally adjusted monthly unemployment by sex - persons aged 15-24 years

1c Seasonally adjusted monthly unemployment by sex - persons aged 25-74 years

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Table 1a Seasonally adjusted monthly unemployment by sex - All persons aged 15-74 years
		Number of persons			Unemployment rate (%)
		Males	Females	All Persons	Males	Females	All Persons
2021	March	97,800	87,700	185,500	7.5	7.7	7.6
	April	101,400	86,400	187,900	7.6	7.5	7.6
	May	96,900	79,700	176,600	7.2	6.9	7.0
	June	89,900	73,200	163,100	6.6	6.2	6.4
	July	82,100	68,900	151,000	6.0	5.7	5.9
	August	75,800	66,600	142,400	5.5	5.5	5.5
	September	73,900	63,200	137,200	5.4	5.2	5.3
	October	73,200	64,100	137,300	5.3	5.2	5.3
	November	72,400	64,500	136,900	5.2	5.2	5.2
	December	70,100	62,400	132,500	5.0	5.1	5.0

2022	January	67,600	61,700	129,300	4.8	5.0	4.9
	February	64,300	59,000	123,300	4.6	4.7	4.7
	March	69,500	62,100	131,600	5.0	5.0	5.0
	April	64,600	56,700	121,300	4.6	4.5	4.6
	May	59,700	51,400	111,100	4.3	4.1	4.2
	June	58,100	53,300	111,300	4.1	4.3	4.2
	July	58,200	54,100	112,300	4.1	4.4	4.3
	August	58,300	57,400	115,700	4.1	4.7	4.4
	September	59,100	56,500	115,600	4.2	4.6	4.4
	October	60,600	58,200	118,800	4.3	4.7	4.5
	November	61,100	59,100	120,200	4.3	4.7	4.5
	December	60,000	58,900	119,000	4.2	4.7	4.4

2023	January	58,900	59,700	118,600	4.1	4.7	4.4
	February	57,900	59,600	117,500	4.1	4.7	4.3
	March	57,900	59,300	117,200	4.1	4.6	4.3

Table 1b Seasonally adjusted monthly unemployment by sex - persons aged 15-24 years
		Number of persons			Unemployment rate (%)
		Males	Females	All Persons	Males	Females	All Persons
2021	March	26,200	28,600	54,700	17.9	20.8	19.3
	April	31,700	29,900	61,500	20.4	21.1	20.7
	May	30,300	26,800	57,000	18.9	18.4	18.7
	June	27,200	23,000	50,200	16.3	15.1	15.7
	July	23,100	19,200	42,300	13.2	11.8	12.6
	August	20,000	17,500	37,500	11.3	10.3	10.8
	September	20,400	17,600	38,100	11.5	10.2	10.9
	October	21,500	20,100	41,500	12.2	11.5	11.9
	November	21,500	21,200	42,600	12.3	12.0	12.2
	December	18,800	19,500	38,300	10.8	11.1	11.0

2022	January	14,000	17,900	31,900	8.1	10.3	9.2
	February	12,900	15,500	28,400	7.4	9.0	8.2
	March	15,500	14,800	30,300	8.7	8.5	8.6
	April	18,600	14,500	33,100	10.2	8.2	9.3
	May	19,200	14,200	33,400	10.6	8.2	9.5
	June	19,900	16,300	36,200	11.1	9.6	10.4
	July	19,800	17,700	37,600	11.2	10.9	11.0
	August	19,200	19,000	38,200	11.0	11.9	11.4
	September	19,500	19,000	38,500	11.1	11.9	11.5
	October	18,300	18,000	36,300	10.4	11.0	10.7
	November	18,200	17,500	35,700	10.3	10.4	10.4
	December	18,200	17,100	35,200	10.3	10.0	10.1

2023	January	18,600	18,100	36,700	10.3	10.4	10.3
	February	19,000	17,500	36,500	10.4	10.0	10.2
	March	19,100	16,800	35,900	10.4	9.6	10.0

Table 1c Seasonally adjusted monthly unemployment by sex - persons aged 25-74 years
		Number of persons			Unemployment rate (%)
		Males	Females	All Persons	Males	Females	All Persons
2021	March	71,600	59,100	130,800	6.2	5.9	6.1
	April	69,800	56,500	126,300	5.9	5.6	5.8
	May	66,600	53,000	119,600	5.6	5.2	5.4
	June	62,700	50,100	112,800	5.3	4.9	5.1
	July	59,000	49,700	108,800	5.0	4.8	4.9
	August	55,900	49,000	104,900	4.7	4.7	4.7
	September	53,500	45,600	99,100	4.5	4.3	4.4
	October	51,700	44,100	95,800	4.3	4.2	4.2
	November	50,900	43,300	94,200	4.2	4.1	4.1
	December	51,400	42,900	94,200	4.2	4.0	4.1

2022	January	53,600	43,800	97,400	4.4	4.1	4.3
	February	51,400	43,500	94,900	4.2	4.1	4.1
	March	54,000	47,300	101,400	4.4	4.4	4.4
	April	46,000	42,200	88,200	3.8	3.9	3.8
	May	40,500	37,200	77,700	3.3	3.5	3.4
	June	38,100	37,000	75,100	3.1	3.5	3.3
	July	38,400	36,400	74,700	3.1	3.4	3.3
	August	39,100	38,400	77,500	3.2	3.6	3.4
	September	39,600	37,500	77,100	3.2	3.5	3.3
	October	42,200	40,200	82,500	3.4	3.7	3.6
	November	42,900	41,600	84,500	3.4	3.8	3.6
	December	41,800	41,900	83,700	3.4	3.8	3.6

2023	January	40,300	41,600	81,900	3.2	3.8	3.5
	February	38,900	42,100	81,000	3.1	3.8	3.5
	March	38,900	42,500	81,300	3.1	3.8	3.5

Monthly Unemployment March 2023