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Unemployment

Isle of Man Labour Market

Key Points as at the end of May 2018:

  • The number of registered unemployed decreased by 110 compared with May 2017

  • 106 persons signed onto and 183 persons left the register over the month – the net movement was an decrease of 77 persons on the register between May 2018 and April 2018

  • The unemployment rate for May is 0.8%, this is an decrease of 0.2% from the previous month April 2018 (the unemployment rate is the proportion of economically active population registered unemployed)

  • During the month 787 job vacancies were notified to the Job Centre
    At the end of the month, 481 remained – 71% (342) were full time positions and 29% (139) were part time

  • It is estimated that 775 individuals and looking for work in May 2018, compared with 852 in April 2018 – this amounts to an unemployment rate of 1.8%

  • The registered unemployed figure for this month is the lowest April figure since 2004

Registered UnemployedMalesFemalesTotalRate %
Current (May 2018) 238 92 330 0.8%
-1 month (April 2018) 291 116 407 1.0%
-1 year (May 2017) 291 149 440 1.0%

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

Official StatisticRelease Date 2018/19
January 2018  9 February 2018
February 2018 9  March 2018
March 2018 13 April 2018
April 2018 11 May 2018
May 2018 18 June 2018
June 2018 16 July 2018
July 2018 20 August 2018
August 2018 17 September 2018
September 2018 15 October 2018
October 2018 19 November 2018
November 2018 17 December 2018
December 2018 14 January 2019

For more information contact:

Economic Affairs Division

Cabinet Office

Government Offices

Bucks Road

Douglas

IM1 3PN.

Telephone:+44 1624 685752

Email:Send Email

 

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