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Monthly Unemployment October 2022

The Monthly Unemployment rate for October 2022 was 4.4% for all persons aged 15-74 years

Online ISSN: 2009-8456
CSO statistical publication, , 11am

Key Findings

For October 2022 the seasonally adjusted unemployment rate was:

  • Up to 4.3% for males from a rate of 4.2% in September 2022, and down from 5.3% in October 2021.

  • Unchanged at 4.6% for females from September 2022, and down from 5.2% in October 2021.

  • Down to 12.0% for persons aged 15-24 years (youth unemployment rate) from a revised rate of 12.2% in September 2022.

  • Up to 3.4% for persons aged 25-74 years from a revised rate of 3.3% in September 2022.

Statistician's Comment

The Central Statistics Office (CSO) has today (03 November 2022) issued Monthly Unemployment Estimates results for October 2022.

Commenting on today’s publication, John Mullane, Statistician in the Labour Market Analysis Section said:

“The seasonally adjusted unemployment rate for October 2022 was unchanged at 4.4% from September 2022 and down from 5.3% in October 2021. The rate of 4.4% in October 2022 was lower than the pre-pandemic level of 4.8% recorded in October 2019. The unemployment rate for males was 4.3% and 4.6% for females in October 2022.

The seasonally adjusted number of persons unemployed was 117,500 in October 2022, compared with 115,500 in September 2022. There was a decrease of 20,400 in the seasonally adjusted number of persons unemployed in October 2022 when compared with a year earlier.

The seasonally adjusted number of males unemployed was 60,700 in October 2022, compared with 59,300 in September 2022. For October 2022 the seasonally adjusted number of females unemployed was 56,800, compared with 56,200 in September 2022.”

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 October 2022 have incorporated the LFS benchmarks up to Q3 2022 for the monthly estimates up to September 2022 while the estimates for October 2022 have been forecasted.

Headline Table and Graph

Seasonally Adjusted Monthly Unemployment
 Number of persons unemployed Unemployment rate (%)
October 2021137,900 5.3
September 2022115,500 4.4
October 2022117,500 4.4
 Number Percentage Points
Change in month 2,000  0.0
Change in year- 20,400 - 0.9
Figure 1: Seasonally Adjusted Monthly Unemployment Rate (ILO), October 2019 to October 2022

Tables

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

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

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