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Decrease of 22.7% in registered unemployment compared to 2017

November 5, 2018 at 4:45pm

The number of people who were registered as unemployed in October 2018 decreased by 5,989 or 22.7% compared to October 2017, according to Statistical Service figures.

The decrease was mainly observed in the sectors of trade (a decrease of 1,122 unemployed persons), public administration (a decrease of 722), construction (a decrease of 714), accommodation and food service activities (a decrease of 666), manufacturing (a decrease of 620), education (a decrease of 220) and to newcomers in the labour market (a decrease of 1,462).

Definition of registered unemployment

The number of registered unemployed concerns the persons aged 15 years and over who apply at the District and Local Labour Offices of the Department of Labour to seek employment and are registered as unemployed. These persons have to be able and available for work and must be actively looking for one.

The monthly number of registered unemployed concerns the persons who during the last day of the month have an active application for seeking employment. The number of registered unemployed does not included self-employed or persons who seek part-time employment as well as persons who seek employment in certain areas or for a specific employer.

Table 1
Month and Year Registered Unemployed – Actual Data Registered Unemployed – Seasonally Adjusted Data
2018    
October 20.447 24.922
September 21.399 25.399
August 23.866 25.817
July 24.803 26.384
June 23.808 26.951
May 22.839 27.442
April 24.903 27.867
March 30.616 28.372
February 34.204 28.944
January 35.989 29.658
2017    
December 35.771 30.371
November 33.780 30.800
October 26.436 31.285
September 27.951 32.107
August 31.003 32.917
July 31.670 33.468
June 30.577 33.913
May 29.922 34.583
April 32.804 35.193
March 39.088 35.795
February 42.326 36.225
January 42.839 36.564