News

Wednesday - 14 November 2012
No. 206/2012

Labour force survey, October 2012


Unemployment 4.5%
The number of persons in the labour force in October 2012 was 178,500 which correspond to an activity rate of 79.5%. The number of employed persons was 170,400 and unemployed persons were 8,100. The employment rate was 75.9% and the unemployment rate was 4.5%. The unemployment rate has decreased by 2.5 percentage points from October 2011 when it was 7%. In October 2012 the male unemployment rate was 5.4% compared to 6.9% in October 2011 and the female unemployment rate was 3.5% compared to 7.1% in October 2011.


Flowchart. Labour force October 2012


Seasonally adjusted unemployment 4.9%
The seasonally adjusted data shows that in October 2012 unemployed persons aged 16-74 amounted to 8,900 or 4.9% compared to 9,900 in September 2012 or 5.4%. The number of seasonally adjusted employed persons in October was 171,600 or 76.7% compared to 173,000 or 77.4% in September.

The seasonally adjusted trend data shows that for the last six months unemployment has decreased by 11.9% and the rate by 0.7 points. For the last twelve months unemployment has decreased by 13.7% and the rate by 0.9 points. The twelve month trend for employed show an increase in number of employed by 1.4% and the rate for the last six months was 0.2%.

  
Implementation
October 2012 is divided in to four weeks, from the 1st to 28th of October. The total sample size for October 2012 was 1,209 persons. When those who had passed away or those who were living abroad had been deducted from the sample the net sample was 1,174 persons. In total the number of usable answers was 952 which correspond to 81.1% response rate. All figures have been weighted by sex and age groups. The confidence limit of the results on activity rate is ▒2.6%, employment rate is ▒2.8% and unemployment rate is ▒1.5%. Figures may not add up because of rounding.
Numbers for October are preliminary until the end of fourth quarter.

Table 1. Labour market in October - Orginal
  2010 2011 2012
  2010 CI (▒ 95%)  2011 CI (▒ 95%)  2012 CI (▒ 95%) 
Total 16-74 years
Activity rate 80.0 2.5 80.1 2.5 79.5 2.6
Employment rate 74.8 2.7 74.5 2.7 75.9 2.8
Unemployment rate 6.5 1.8 7.0 1.8 4.5 1.5
Hours of work 39.6 1.3 39.9 1.2 39.1 1.2
Labour force 179,100 5,500 179,700 5,500 178,500 5,900
Employed 167,500 6,100 167,100 6,000 170,400 6,200
Unemployed 11,600 3,200 12,500 3,200 8,100 2,600
Inactive 44,900 5,500 44,700 5,500 46,100 5,900
Est. population 224,000 224,400 224,600

Table 2. Labour market last 6 months - Seasonal adjustement
  May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12
Total 16-74 years
Activity rate 80.9 82.5 81.3 78.3 81.9 80.6
Employment rate 76.1 77.8 77.0 73.4 77.4 76.7
Unemployment rate 5.9 5.7 5.3 6.3 5.4 4.9
Hours of work 39.5 40.3 40.2 39.2 39.1 39.2
Labour force 180,500 183,400 181,400 174,100 183,000 180,500
Employed 169,800 173,000 171,700 163,200 173,000 171,600
Unemployed 10,700 10,500 9,700 10,900 9,900 8,900
Inactive 42,700 38,900 41,700 48,300 40,500 43,300
Est. population 223,200 222,300 223,100 222,400 223,500 223,800

Table 3. Labour market last 6 months - Seasonal adjustement trend
  May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12
Total 16-74 years
Activity rate 80.9 81.1 80.9 80.6 80.4 80.4
Employment rate 75.9 76.2 76.1 75.9 75.8 75.9
Unemployment rate 6.2 6.1 5.9 5.8 5.7 5.7
Hours of work 39.8 39.9 39.8 39.5 39.3 39.3
Labour force 181,400 181,300 180,500 179,700 179,500 179,600
Employed 170,100 170,300 169,800 169,200 169,200 169,400
Unemployed 11,300 11,000 10,700 10,500 10,300 10,200
Inactive 42,800 42,200 42,500 43,200 43,700 43,700
Est. population 224,200 223,500 223,000 223,000 223,200 223,300

Statistics




Use of this press release is free. Please quote the source.

For further information, please contact the Labour Market department, tel. (+354) 528 1284.

 

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