Unemployment down again in March at 4,033 against 5,894 in 2015

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Unemployment down again in March at 4,033 against 5,894 in 2015In March, the number of persons registering for work stood at 4,033 compared to 5,894 in the corresponding month last year, the National Statistics said today.

Data provided by the Employment and Training Corporation (ETC) for March indicate a decrease of 1,758 persons registering under Part I and a decrease of 103 among those registering under Part II of the unemployment register, when compared to March 2015. Overall, decreases in registered unemployment were recorded among all age groups.

When compared to March last year, registrants for work decreased irrespective of how long they had been registering. The largest decrease was recorded among persons who had been registering for over one year.

The number of persons with a disability who were registering for work also decreased by 64, to 356. Males accounted for 77 per cent of total registrants with a disability.

The largest share of males on the unemployment register sought occupations as crafts and related trade workers (17.4 per cent), whereas their female counterparts mostly sought occupations as clerical support workers (30.0 per cent).

The registered unemployment rate in October 2015 stood at 2.8 per cent of the labour supply (excluding part-time employment) and varied from 3.3 per cent among men to 1.9 per cent among women.

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