The Central Statistics Office (CSO) has announce the monthly unemplymnet statistics for January 2021. The figures show that 25% of people are unemployed, when excluding people on the Pandemic Unemployment Payment (PUP) the number falls to 5.3%, up 0.2% from January 2020. On a monthly basis the PUP rate of unemployment rose from December\'s 19.4%.
The unemployment rate stands at 4.4% according to the Central Statistics Office Ireland (CSO). Male unemployment is at 4.7%, while female unemployment is at 4.2%. Youth unemployment (15 - 24 year olds) stands at 10%, while those over 25 years of age have an unemployment rate of 3.7%.
The seasonally adjusted unemployment rate stood at 6.1% in November. Down slightly from October, while 2016's figure stood at 7.5%. This represents little change from October according to the Central Statistics Office and a drop of -1.4% on an yearly basis. The number of people unemployed was 138,100.
The Consumer Price Index was slightly up in October by 0.6%. The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. Changes in the CPI are used to assess price changes associated with the cost of living; the CPI is one of the most frequently used statistics for identifying periods of inflation or deflation.
The seasonally adjusted unemployment rate stood at 6% in October. Down slightly from September, while 2016's figure stood at 7.2%. This represents little change from September according to the Central Statistics Office and a drop of -1.2% on an yearly basis. The number of people unemployed was 133,100, down just 200.