Isle of Man Labour Market
Key Points as at the end of July 2022:
- Unemployment has increased by 17 persons from the previous month (June 2022), and has decreased by 143 persons compared to the same month last year (July 2021).
- The unemployment rate for July 2022 is 0.7%, remaining the same as the previous month (June 2022). The unemployment rate is the proportion of economically active population registered unemployed.
- 879 job vacancies remained at the Job centre in July 2022, which is a decrease of 100 vacancies compared to the previous month (June 2022). Of these, 54% (476) were full time positions and 46% (403) were part time.
|Registered Unemployed||Males||Females||Total||Rate %|
|Current (July 2022)||183||119||302||0.7%|
|-1 month (June 2022)||173||112||285||0.7%|
|-1 year (July 2021)||272||173||445||1.0%|
Long term unemployed are those who have been registered unemployed for 12 months or longer.
A vacancy is defined as a vacant position being actively recruited for by an employer, advertised with the IOM Jobcentre. An advertising period of '2 week policy' for non-agency roles, and 3 months for agency roles, was operated but with the introduction of online vacancy forms, employers can (in normal circumstances) now stipulate their own closing date. This 2 week advertising period was reintroduced in early April, to enable monitoring of the status of adverts/vacancies by asking all employers to confirm in writing that they are still actively recruiting. This is important not only to get a more accurate picture of the impact of COVID-19 on Island sectors, but also for Jobseekers when searching for live vacancies. The only exception to our 2 week rule is for public sector vacancies.
Statistics Isle of Man Job market statistics are published monthly by Statistics Isle of Man which is part of the Cabinet Office.
For more information contact:
+44 1624 685758