Seasonally adjusted unemployment rate for April 2023 down to 3.9%

Seasonally adjusted unemployment rate for April 2023 down to 3.9%

The Central Statistics Office (CSO) has today (04 May 2023) issued Monthly Unemployment Estimates results for April 2023.

 

In April 2023 the seasonally adjusted unemployment rate was:

• The seasonally adjusted unemployment rate for April 2023 (for all persons aged 15-74 years) was down to 3.9 per cent from a revised rate of 4.0 per cent in March.
• Unchanged at 4.3pc for males from a revised rate in March 2023, and down from a rate of 4.6pc in April 2022.
• Down to 3.6pc for females from a revised rate of 3.8pc in March 2023, and a decrease from the revised rate of 4.7% in April 2022.
•  At 7.9pc for persons aged 15-24 years (youth unemployment rate), from a revised rate of 8.9pc in March 2023.
• Up to 3.4pc for persons aged 25-74 years from a revised rate of 3.3pc in March 2023.
Commenting on today’s release, Conor Delves, Statistician in the Labour Market Analysis Section, said: “The seasonally adjusted unemployment rate for April 2023 (for all persons aged 15-74 years) was down to 3.9 per cent from a revised rate of 4.0% in March 2023, and down from a rate of 4.6 per cent in April 2022. In April 2023 the unemployment rate for males was 4.3 per cent and for females was 3.6 per cent.The seasonally adjusted number of persons unemployed was 108,200 in April 2023, compared with 109,600 in March 2023. There was a decrease of 15,200 in the seasonally adjusted number of persons unemployed in April 2023 when compared with a year earlier.

The seasonally adjusted number of males unemployed was up to 61,900 in April 2023, compared with 61,300 in March 2023. In April 2023 the seasonally adjusted number of females unemployed fell to 46,300 from the 48,300 observed in March 2023.”

RecruitAuto.ie welcomed the ever lowering unemployment numbers but is concerned at the on-ging skills shortages in the auto and transport industries.
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