Unemployment

Isle of Man Labour Market

May 2017

Key Points, as at the end of May 2017:

Registered unemployed 440

• The number of registered unemployed decreased by 223 persons compared with May 2016.
  
  
• 133 persons signed onto and 155 persons left the register over the month. The net movement was an decrease of 22 persons on the
  register between April 2017 and May 2017.
  
  
• The unemployment rate for May 2017 is 1%, which is a decrease of 0.1% from the previous month in April 2017. The unemployment rate is the proportion of economically active population registered
  unemployed.
  
  
• During the month 1,039 job vacancies were notified to the Job
  Centre. At the end of the month, 594 remained. 72% (428) were full time positions and 28% (166) were part time.
  
  
• 66% of the unemployed are Male (291) and 34% are Female (149).
  
  
• The International Labour Organisation (ILO) unemployment rate is 2.1%. The unemployment rate is the proportion of the economically active population registered as unemployed. See methodology section for further details.
  
  
• The registered unemployment figure for this month is the lowest May figure since 2004
  
  

Notes:

• Registered unemployment is measured as a claimant count; those persons registered for Job Seekers allowance. There is no legal requirement to register to receive Job Seekers Allowance.
• Long-term unemployed is defined as those individuals who have been unemployed for 12 months or longer.
• Additional statistics may be available on request; please contact Economic Affairs should you have any queries.

Economic Affairs Division Job market statistics are published monthly by the Economic Affairs Division of the Isle of Man Cabinet Office. For more information contact: