Unemployment

Isle of Man Labour Market

July 2017

Key Points, as at the end of July 2017:

Registered unemployed 420

• The number of registered unemployed decreased by 200 persons compared with July 2016.
  
  
• 133 persons signed onto and 120 persons left the register over the
  month. The net movement was a increase of 13 persons on the
  register between June 2017 and July 2017.
  
  
• The unemployment rate for June 2017 is 1%, remaining the same
  as the previous month May 2017. The unemployment rate is the
  proportion of economically active population registered
  unemployed.
  
  
• During the month 853 job vacancies were notified to the Job
  Centre. At the end of the month, 552 remained. 75% (413) were
  full time positions and 25% (139) were part time.
  
  
• 64% of the unemployed are Male (268) and 36% are Female (152).
  
  
• It is estimated that 865 individuals are unemployed and looking for work in July 2017, compared with 852 in June 2017. This amounts to an unemployment rate of 2%. See Methodology section for further details
  
  
• The registered unemployment figure for this month is the lowest July 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: