Unemployment

Isle of Man Labour Market

Key Points as at the end of August 2018: 

• The number of registered unemployed decreased by 57 compared with August 2017
• 99 persons signed onto and 75 persons left the register over the month. The net movement was an increase of 15 persons on the register between August 2018 and July 2018
• The unemployment rate for August is 0.8%, remaining the same as the previous month July 2018. The unemployment rate is the proportion of economically active population registered unemployed
• During the month 973 job vacancies were notified to the Job Centre. At the end of the month, 652 remained. 77% (500) were full time positions and 23% (152) were part time.
• It is estimated that 781 individuals are unemployed and looking for work in August 2018, compared with 766 in July 2018. This amounts to an unemployment rate of 1.8%. See Methodology section for further details
• The registered unemployed figure for this month is the lowest August figure since 2002

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
• Additional statistics may be available on request; please contact Economic Affairs should you have any queries
• Long term unemployed are those who have been registered unemployed for 12 months or longer

Economic Affairs Division Job market statistics are published monthly by the Economic Affairs Division of the Isle of Man Cabinet Office.

Provisional Release Dates for the Isle of Man Inflation Report

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