January unemployment rate of 4.8% up from December 2019 - CSO

January unemployment rate of 4.8% up from December 2019 - CSO

The seasonally adjusted unemployment rate for January 2020 was 4.8%, up from 4.7% in December 2019, according to figures released by the CSO today.

The number of persons unemployed was 120,200 in January 2020, compared to 116,900 in December 2019.

Unemployment rate, however, was down from 5.1% in January 2019 with an annual decrease of 4,000 in the seasonally adjusted number of persons unemployed.

In January 2020 the unemployment rate was 5.0% for males, up from 4.9% in December 2019, and down from 5.4% in January 2019, while the unemployment rate for females was 4.6% in January 2020, remaining unchanged from December 2019, and down from 4.8% in January 2019.

The number of males unemployed in January 2020 was 67,200 compared to 64,900 in December 2019 while the number of females unemployed was 53,000 compared to 52,000 in December 2019.

The seasonally adjusted unemployment rate for persons aged 15-24 years (youth unemployment rate) was 11.8% in January 2020 up from 11.1% in December 2019.

Monthly unemployment rates for January 2020:

Seasonally adjusted number of persons unemployed Seasonally adjusted unemployment rate (%)
January 2019124,2005.1
December 2019116,9004.7
January 2020120,2004.8
Percentage Points
Change in month3,3000.1
Change in year- 4,000- 0.3

Meanwhile, CSO figures released today show that the value of monthly services decreased by 1% in December 2019 when compared with November 2019 and increased by 7.1% on an annual basis.

The sectors with the largest monthly increases were administrative and support service activities (2.7%), information and communication (2.0%), accommodation and food service activities (0.9%), transportation and storage (0.4%) and wholesale and retail trade (0.1%).

Decreases were recorded in professional, scientific and technical activities (-16.9%) and other service activities (-0.4%).

On an annual basis, the sectors showing increases since December 2018 were information and communication (28.0%) and other service activities (23.6%).

Decreases were recorded in professional, scientific and technical activities (-17.3%), administrative and support service activities (-4.1%), wholesale and retail trade (-3.0%) and transportation and storage (-2.9%).

More on this topic

Rents rise 3.9% and heating oil price up 8% but prices remain subdued overallRents rise 3.9% and heating oil price up 8% but prices remain subdued overall

60% increase in new apartments built in two years60% increase in new apartments built in two years

Toyota the most popular brand for car buyers in January Toyota the most popular brand for car buyers in January

Boost for motor trade but bar sales remain in doldrumsBoost for motor trade but bar sales remain in doldrums

More in this Section

Ireland's two-tier tourism industry continuesIreland's two-tier tourism industry continues

Pivotal week ahead for Irish business supply chains as coronavirus spread continuesPivotal week ahead for Irish business supply chains as coronavirus spread continues

Environment Secretary refuses to rule out chlorinated chicken in UKEnvironment Secretary refuses to rule out chlorinated chicken in UK

Caseys Furniture and Cork English College top winners at Cork Business of the Year AwardsCaseys Furniture and Cork English College top winners at Cork Business of the Year Awards


Lifestyle

Another episode, another incredible Cork woman. The tale of Mother Jones, the famous union organiser and activist against child labour in 19th century America.Five things for the week ahead: RTÉ showcase another incredible Cork woman

Holger Smyth part-owns and runs Inanna Rare Books, which has recently opened a ‘rare book lounge’ at the former Hawthorn creamery near Drimoleague, Co Cork.We sell books: Cream of the book crop sold from former co-op

Milton Jones talks hecklers, Hawaiian shirts and the world’s favourite clever Irishman with Richard FitzpatrickMilton Jones: When one line will do just fine

After almost 70 years of trying the search goes on, but so far nothing has been found.Sky Matters: Whether we are alone in the Universe has exercised many great minds

More From The Irish Examiner