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Unemployment

Isle of Man Labour Market

January 2018

Key Points as at the end of January 2018:

  • The number of registered unemployed decreased by 240 compared with January 2017
  • 160 persons signed onto and 134 persons left the register over the month. The net movement was a increase of 26 persons on the register between December 2017 and January 2018
  • The unemployment rate for January is 0.8%, remaining the same as the previous month December 2017. The unemployment rate is the proportion of economically active population registered unemployed
  • During the month 813 job vacancies were notified to the Job Centre. At the end of the month, 514 remained. 73% (373) were full time positions and 27% (141) were part time
  • It is estimated that 806 individuals and looking for work in January 2018, compared with 780 in December 2017. This amounts to an unemployment rate of 2%. See Methodology section for further details
  • The registered unemployed figure for this month is the lowest January figure since 2003
Registered UnemployedMalesFemalesTotalRate %
Current (January 2018) 251 110 361 0.8%
-1 month (December 2017) 230 105 335 0.8%
-1 year (January 2017) 406 195 601 1.3%

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.

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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