The unemployment rate, when adjusted for those on the Pandemic Unemployment Payment, was 21.9% last month, the latest figures from the Central Statistics Office show today.
The number of people this represented was 487,122. The rate of 21.9% in May is down from a rate of 24.8% in April, the CSO said.
For people aged between 15-24, the Covid-adjusted unemployment rate was 58.8%. The rate for those aged 25-74 was 18.1%. The CSO estimates that approximately 8.1% of all PUP recipients are in full time education.
It is estimated that approximately a third of those under 25 receiving the PUP are in full time education while 1.3% of those over 25 are in this category.