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Unemployment down to 1.1%

Number of those registering for work drops below 2,000

The registered unemployment rate in November 2017 stood at 1.1 per cent of the labour supply, (excluding part-time employment), the National Statistics Office reported on Wednesday.

There was not much difference between the rates for men and women, with the former being 1.3 per cent and 0.9 per cent for the latter.

In March, the number of persons registering for work stood at 1,954 - decreasing
by 26.2 per cent when compared to the corresponding month in 2017.

Data provided by Jobsplus for March 2018 indicate a decline of 621 persons registering under Part I and a decrease of 74 persons among those registering under Part II of the unemployment register, when compared to March 2017.

The decreases were noted across all the age groups, and irrespective of how long people had been registering. The largest decrease was recorded among persons who had been registering for work from 21 to 52 weeks.

The number of persons with a disability who were registering for work also dropped by 18 when compared to the previous year, reaching 286.

The largest share (24.1 per cent) on the unemployment register sought occupations as clerical support workers, of which, 18.6 per cent were men and 37.3 per cent were women.

 

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