News

Friday - 27 July 2012
No. 134/2012

Labour market, June 2012


Unemployment 5.2%
The number of persons in the labour force in June 2012 was 192,500 which correspond to an activity rate of 85.8%. The number of employed persons was 182,400 and unemployed persons were 10,100. The employment rate was 81,3% and the unemployment rate was 5.2%. The unemployment rate has increased by 0.6 percentage points from June 2011 when it was 4.7%.

In the 2nd quarter of 2012 the activity rate was 82.8%. The employment rate was 76.9% and the unemployment rate was 7.2%. The number employed increased by 2.200 and number of unemployed decreased by 2.500 from the 2nd quarter of 2011.

Seasonally adjusted unemployment 6%
The seasonally adjusted data shows that in June 2012 unemployed persons aged 16-74 amounted to 11,100 or 6% compared to 9,600 in May 2012 or 5.4%. The number of seasonally adjusted employed persons in June was 171,700 or 76.9% compared to 170,200 or 76.6% in May 2012. Even though seasonally adjusted unemployment is higher now than in June 20121 the trend for the last 12 months shows a slight decrease in unemployment.

Long term unemployment
Those who have been unemployed for 12 months or more are defined as long term unemployed. In 2nd quarter of 2012 around 2,800 where long term unemployed or 21.2% of all unemployed. In 2nd quarter of 2011 around 3,900 where long term unemployed or 24.7% of all unemployed.

Those who have been unemployed for 12 months or more decreased by 1.000, from 3,800 or 2.2% of the labour force in 2nd quarter of 2011 to 2,800 or 1.6% of the labour force in the 2nd quarter of 2012.

Implementation
June 2012 is divided in to four weeks, from the 4th of June to 1st of July. The total sample size for June 2012 was 1,206 persons. When those who had passed away or those who were living abroad had been deducted from the sample the net sample was 1,187 persons. In total the number of usable answers was 992 which correspond to 83.6% response rate. All figures have been weighted by sex and age groups. The confidence limit of the results on activity rate is ±2.2%, unemployment rate is ±1.5%. Figures may not add up because of rounding.

Table 1. Labour market in May - Orginal
  2010 2011 2012
Total 16-74 years
Activity rate 86,0 ±2,4 84,5 ±2,3 85,8 ±2,1
Employment rate 80,8 ±2,9 80,6 ±2,8 81,3 ±2,4
Unemployment rate 6,0 ±2,4 4,7 ±2,2 5,2 ±1,7
Hours of work 40,3 ±1,3 40,7 ±1,3 42,0 ±1,2
Labour force 192.100 ±5400 190.200 ±5100 192.500 ±4700
Employed 180.500 ±6400 181.200 ±6100 182.400 ±5400
Unemployed 11.600 ±4300 8.900 ±4100 10.100 ±3300
Inactive 31.300 ±5400 34.800 ±5100 31.800 ±4700
Est. population 223.400 224.900 224.300

Table 2. Labour market last 6 months - Seasonal adjustement
  Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12
Total 16-74 years
Activity rate 80,1 79,8 80,5 80,4 81,0 81,8
Employment rate 75,0 74,2 74,6 74,9 76,6 76,9
Unemployment rate 6,3 7,1 7,3 6,8 5,4 6,0
Hours of work 40,0 39,9 40,0 39,8 39,8 40,0
Labour force 181.400 179.400 180.300 180.200 179.800 182.700
Employed 169.900 166.700 167.100 167.900 170.200 171.700
Unemployed 11.500 12.700 13.100 12.300 9.600 11.100
Inactive 45.100 45.300 43.800 44.000 42.300 40.600
Est. population 226.400 224.700 224.000 224.200 222.100 223.400

Table 3. Labour market last 6 months - Seasonal adjustement trend
  Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12
Total 16-74 years
Activity rate 79,7 79,8 80,1 80,5 80,9 81,2
Employment rate 74,5 74,6 74,9 75,4 75,9 76,2
Unemployment rate 6,6 6,6 6,5 6,4 6,3 6,2
Hours of work 30,4 30,4 30,4 30,3 30,3 30,3
Labour force 178.100 178.500 179.300 180.300 181.200 181.800
Employed 166.400 166.800 167.600 168.800 169.900 170.500
Unemployed 11.700 11.700 11.700 11.500 11.300 11.300
Inactive 45.300 45.000 44.500 43.600 42.700 42.100
Est. population 223.400 223.500 223.700 223.900 223.900 223.900

Labour market statistics, 2nd quarter 2012  -  Statistical Series

Statistics



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

 

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