Home Employment The variety of folks in employment rises by 12.3%

The variety of folks in employment rises by 12.3%

The number of people in employment rises by 12.3%

The Irish workforce elevated by 12.3% within the first quarter, with the entire variety of folks in employment surpassing 2.5m.

The variety of folks in employment elevated by 275,200, confirmed figures launched by the Central Statistics Workplace (CSO) in the present day.

The employment fee for folks aged between 15 and 64 rose to 72.8% within the first quarter of this 12 months, up from 65.6% throughout the identical interval final 12 months.

Within the 12 months to the top of the primary quarter, the variety of hours labored per week elevated by 17.6%, which corresponds to an extra 12.1m hours. Such a rise introduced the variety of hours labored per week to a file excessive of 80.8 million.

The variety of individuals in employment elevated by 12.3% to 2,505,800 within the 12 months to Q1 2022https://t.co/y492VMwDHV #CSOIreland #Eire #LabourForceSurvey #LabourForce #IrishFamilies #IrishHouseholds #LabourMarket #LiveRegister #Jobs #Employment #Unemployment pic.twitter.com/0p5hY7kAfM

— Central Statistics Workplace Eire (@CSOIreland) Could 26, 2022

Employment elevated for many sectors all through the economic system. The lodging and meals service trade recorded the biggest enhance in employment with an extra 62.2% or 62,400 folks employed. Employment within the sector at present stands at 162,400, beneath the 2020 first quarter stage of 169,500. 

Commenting on in the present day’s figures, Sam Scriven, Statistician, mentioned: “The variety of hours labored per week was greater than a 12 months in the past in nearly all sectors in Q1 2022. The hours labored per week within the lodging & meals companies sector, whereas nonetheless beneath Q1 2020 ranges, elevated by 2.6 million hours per week (+152.9%) over the 12 months to Q1 2022.”

The variety of absences from work (non permanent layoffs from work, household go away and holidays) through the reference week within the first quarter fell to 168,100, a 12 months on 12 months lower of 45.7%. That is the bottom stage of absences for the reason that starting of the Covid-19 pandemic.

The variety of folks aged between 15 and 74 who have been unemployed within the first quarter of this 12 months was 126,700, giving an related unemployment fee of 4.8%.

Talking about adjustments to the scale of the labour pressure Scriven mentioned: “The variety of individuals not within the labour pressure in Q1 2022 was 1,431,000 which was down 10.8% or 172,400 from a 12 months earlier.”

 

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