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Unemployment

Isle of Man Labour Market

October 2017

Key Points, as at the end of October 2017:

Registered unemployed 336

  • The number of registered unemployed decreased by 216 persons
    compared with October 2016.

  • 160 persons signed onto and 162 persons left the register over the
    month. The net movement was a decrease of 2 persons on the
    register between October 2017 and September 2017.

  • The unemployment rate for October 2017 is 0.8%, this is a decrease
    of 0.1% from the previous month, September 2017. The unemployment rate is the proportion of economically active population registered unemployed.

  • During the month 806 job vacancies were notified to the Job
    Centre. At the end of the month, 426 remained. 72% (305) were
    full time positions and 28% (121) were part time.

  • 68% of the unemployed are Male (229) and 32% are Female (107).

  • It is estimated that 781 individuals are unemployed and looking for
    work in October 2017, compared with 783 in September 2017. This
    amounts to an unemployment rate of 1.8%. 

  • The registered unemployed figure for this month is the lowest October figure since 2003

Registered UnemployedMalesFemalesTotalRate %
Current (October 2017) 229 107 336 0.8%
-1 month (September 2017) 225 113 338 0.9%
-1 year (October 2016) 368 184 592 1.2%

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:

Economic Affairs Division

Cabinet Office

Government Offices

Bucks Road

Douglas

IM1 3PN.

Telephone:+44 1624 685752

Email:Send Email

 

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