Unemployment up again in May
The standardised rate of unemployment has risen again in May 2011 to 14.8%, up from 14.7% in April 2011. This increase is up from an average unemployment rate in 2010 of 13.6%. An additional 2,600 individuals signed onto the live register in May (this figure is seasonally adjusted). Of these 2,600 individuals at total of 2,200 were male and only 400 were female. In total 100 men under the age of 25 actually signed off the live register in may while 100 women under the age of 25 signed on, meaning that there was no overall increase in the number of individuals under 25 signing on. However, an additional 2,300 men over the age of 25 signed on while only an additional 300 women over the age of 25 signed on.
5/27/2023 10:30:40 am
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Justin Doran is a Lecturer in Economics, in the Department of Economics, University College Cork, Ireland.