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Monthly Unemployment March 2024

The Monthly Unemployment rate for March 2024 was 4.3%

Online ISSN: 2009-8456

CSO statistical publication, 04 April 2024, 11am

Key Findings

In March 2024, the seasonally adjusted unemployment rate was:

Up to 4.0% for males, from 3.9% in February 2024 and down from 4.3% in March 2023.
Unchanged at 4.6% for females from the revised rate in February 2024, and up from a revised rate of 3.8% in March 2023.
Unchanged at 10.5% for persons aged 15-24 years (youth unemployment rate) from February 2024.
Unchanged at 3.3% for persons aged 25-74 years, from the revised rate in February 2024.

Statistician's Comment

The Central Statistics Office (CSO) has today (04 April 2024) issued Monthly Unemployment Estimates results for March 2024.

Commenting on today’s release, Conor Delves, Statistician in the Labour Market Analysis Section, said: “The seasonally adjusted unemployment rate for March 2024 (for all people aged 15-74 years) was 4.3%, up from the rate of 4.2% recorded in February 2024 and from 4.1% in March 2023. In March 2024, the unemployment rate for males was 4.0% and 4.6% for females.

The seasonally adjusted number of people unemployed was 122,100 in March 2024, compared with 120,200 in February 2024. There was an increase of 9,400 in the seasonally adjusted number of people unemployed in March 2024 when compared with a year earlier.

The seasonally adjusted number of unemployed males rose to 59,100 in March 2024, compared with 58,500 in February 2024. The seasonally adjusted number of unemployed females increased by 1,300 over the month to March 2024 from 61,700 to 63,000.”

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 2024 have incorporated the LFS benchmarks up to Q4 2023 for the monthly estimates up to December 2023. The estimates for January, February and March 2024 have been forecasted. Forecasted figures are subject to revision.

Headline Table and Graph

Seasonally Adjusted Monthly Unemployment
	Number of persons unemployed	Unemployment rate (%)
March 2023	112,700	4.1
February 2024	120,200	4.2
March 2024	122,100	4.3
	Number	Percentage points
Change in month	1,900	0.1
Change in year	9,400	0.2

Open in Excel: Monthly Unemployment March 2024 Headline Table (XLS 10KB)

Tables

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

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

Table 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
2022	March	70,300	62,800	133,100	4.9	4.9	4.9
	April	64,700	56,900	121,600	4.5	4.5	4.5
	May	59,900	52,100	112,000	4.2	4.1	4.2
	June	58,700	54,000	112,700	4.1	4.3	4.2
	July	59,200	54,900	114,000	4.1	4.4	4.2
	August	58,500	58,300	116,700	4.1	4.7	4.3
	September	58,500	57,000	115,400	4.1	4.5	4.3
	October	60,600	60,000	120,600	4.2	4.7	4.5
	November	62,100	60,000	122,100	4.3	4.7	4.5
	December	61,700	56,900	118,700	4.3	4.4	4.3

2023	January	62,600	53,000	115,600	4.3	4.1	4.2
	February	62,700	50,700	113,400	4.3	3.9	4.1
	March	62,600	50,100	112,700	4.3	3.8	4.1
	April	62,900	50,600	113,500	4.3	3.8	4.1
	May	63,300	51,000	114,300	4.3	3.9	4.1
	June	67,200	53,900	121,100	4.6	4.1	4.3
	July	67,000	55,000	122,000	4.6	4.2	4.4
	August	67,300	56,500	123,800	4.6	4.3	4.4
	September	67,800	61,000	128,800	4.6	4.6	4.6
	October	65,500	61,200	126,700	4.4	4.6	4.5
	November	63,200	62,200	125,400	4.3	4.7	4.5
	December	63,500	63,600	127,100	4.3	4.8	4.5

2024	January	64,400	65,300	129,700	4.3	4.8	4.6
	February	58,500	61,700	120,200	3.9	4.6	4.2
	March	59,100	63,000	122,100	4.0	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
2022	March	15,200	14,100	29,200	8.6	8.3	8.5
	April	18,100	14,200	32,300	10.2	8.2	9.2
	May	18,800	14,000	32,800	10.5	8.2	9.4
	June	19,800	16,200	36,000	11.1	9.6	10.4
	July	19,700	17,500	37,200	11.1	10.8	11.0
	August	18,600	18,600	37,200	10.6	11.8	11.2
	September	18,500	18,900	37,400	10.6	11.8	11.2
	October	18,800	18,700	37,500	10.8	11.4	11.1
	November	19,400	18,400	37,800	11.0	11.0	11.0
	December	18,400	17,300	35,700

2023	January	18,000	16,900	34,900	10.1	9.9	10.0
	February	18,400	16,100	34,500	10.3	9.4	9.8
	March	19,000	16,100	35,100	10.6	9.4	10.0
	April	19,200	16,400	35,600	10.7	9.5	10.1
	May	18,800	16,500	35,300	10.4	9.5	10.0
	June	20,200	18,000	38,200	11.1	10.2	10.7
	July	20,400	18,700	39,000	11.2	10.5	10.9
	August	20,700	19,500	40,200	11.3	11.1	11.2
	September	21,200	22,400	43,600	11.4	12.4	11.9
	October	19,600	21,600	41,200	10.4	12.0	11.2
	November	18,900	21,700	40,600	10.0	11.9	10.9
	December	19,700	22,900	42,600	10.3	12.3	11.3

2024	January	20,800	23,700	44,600	10.8	12.6	11.7
	February	18,800	20,800	39,600	9.8	11.1	10.5
	March	19,300	20,400	39,700	10.1	10.9	10.5

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
2022	March	55,100	48,800	103,800	4.4	4.4	4.4
	April	46,500	42,800	89,300	3.7	3.9	3.8
	May	41,000	38,100	79,200	3.3	3.5	3.4
	June	38,900	37,800	76,700	3.1	3.5	3.3
	July	39,500	37,400	76,900	3.1	3.4	3.3
	August	39,900	39,700	79,500	3.1	3.6	3.4
	September	39,900	38,100	78,000	3.2	3.5	3.3
	October	41,800	41,300	83,100	3.3	3.7	3.5
	November	42,800	41,600	84,400	3.4	3.7	3.5
	December	43,400	39,600	83,000	3.4	3.5	3.5

2023	January	44,600	36,200	80,800	3.5	3.2	3.4
	February	44,300	34,600	78,900	3.4	3.1	3.3
	March	43,600	34,000	77,600	3.4	3.0	3.2
	April	43,700	34,200	77,900	3.4	3.0	3.2
	May	44,500	34,500	79,000	3.5	3.0	3.3
	June	47,000	35,900	82,900	3.7	3.1	3.4
	July	46,700	36,300	83,000	3.6	3.2	3.4
	August	46,600	37,000	83,600	3.6	3.2	3.4
	September	46,600	38,500	85,200	3.6	3.4	3.5
	October	46,000	39,600	85,600	3.5	3.5	3.5
	November	44,300	40,500	84,800	3.4	3.5	3.5
	December	43,800	40,700	84,500	3.4	3.5	3.4

2024	January	43,600	41,500	85,100	3.3	3.6	3.5
	February	39,700	41,000	80,700	3.0	3.5	3.3
	March	39,800	42,600	82,400	3.1	3.6	3.3

Monthly Unemployment March 2024