business Unemployment Coronavirus

Covid adjusted jobless rate falls to pandemic-low of 13.5%

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The monthly unemployment rate in July was 6.5%, according to the latest figures from the Central Statistics Office. When those on the Pandemic Unemployment Payment are included, the Covid-adjusted unemployment rate was 13.5%.

This compares to a Covid-adjusted rate of 16.2% and a traditional unemployment rate of 6.7% in June. 28.6% of those unemployed under the Covid-adjusted measure were between the ages of 15-24.

11% were over 25. The CSO estimates approximately 8.1% of those on the PUP are in full-time education. This equates to just over 13,000 people in July.

Live Register figures were also published by the CSO today. They show the combined number of people either on the Live Register or in receipt of the PUP was 346,902 in July.

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