Unemployment upto 6.3% in September: CSO

Seasonally adjusted live register rises 9400 to 244,500. Live register falls 7200 to 240k.
cso.ie/releasespublications/ … t/lreg.pdf

so what is that when you add in the backlog?

The live register data includes the backlog.

Unemployment is so yesterday like.
500 Bill risk free guarantees is where all the action is.

Anyway what have all those unemployed scobies got to worry about?
Banks will be back lending them 10 times salary based on their dead brother’s 2004 pay slip by the end of the week.
They can then buy another apartment in Santa Ponsa to go with the other two and keep a spare 50k to pay the juice on the mortgage and supplement the dole for a year.
Then when that runs out, get a hooky Spanish valuer to say the property is now woth 100k more than you paid for it and head to the bank for a top up.

that would be funny if it wasn’t true :open_mouth:


===============================================================================
                    Sept.  Aug.  July  June   May April March  Feb.  Jan.  Dec.
                     2008  2008  2008  2008  2008  2008  2008  2008  2008  2007
===============================================================================
Standardized
Unemployment Rate    6.3%  6.1%  5.8%  5.5%  5.3%  5.1%  5.2%  4.9%  4.8%  4.6%
                    ----------- Total Persons on the Live Register ------------
All                 244.5 235.1 226.0 215.4 206.8 199.2 199.2 187.8 179.7 172.4
Under 25 years       53.7  52.0  49.5  46.6  43.8  41.9  40.9  39.0  36.7  35.2
25 years and Over   190.8 183.0 176.5 168.9 163.0 157.3 158.3 148.8 143.0 137.2
                    ---------------- Males on the Live Register ---------------
All                 158.6 152.8 145.4 138.7 132.0 127.8 125.7 119.8 113.3 107.2
Under 25 years       34.3  33.3  31.5  29.7  27.9  26.9  26.3  24.9  23.2  21.9
25 years and Over   124.3 119.5 113.9 108.9 104.1 101.0  99.5  94.9  90.1  85.3

===============================================================================
===============================================================================
                    Sept.  Aug.  July  June   May April March  Feb.  Jan.  Dec.
                     2008  2008  2008  2008  2008  2008  2008  2008  2008  2007
===============================================================================
                    -------------- Females on the Live Register ---------------
All                  85.8  82.3  80.6  76.8  74.8  71.4  73.5  68.0  66.4  65.2
Under 25 years       19.4  18.7  18.0  16.8  15.9  15.0  14.7  14.1  13.5  13.4
25 years and Over    66.5  63.6  62.7  59.9  58.9  56.4  58.8  53.9  52.9  51.8
                    -------- Total Persons on the Live Register Change --------
All                   9.4   9.1  10.6   8.6   7.6   0.0  11.4   8.1   7.3   2.0
Under 25 years        1.7   2.5   2.9   2.8   1.9   1.0   1.9   2.3   1.5   0.6
25 years and Over    78.0  65.0  76.0  59.0  57.0 -10.0  95.0  58.0  58.0  14.0
                    ------------- Males on the Live Register Change -----------
All                   5.8   7.4   6.7   6.7   4.2   2.1   5.9   6.5   6.1   1.7
Under 25 years        1.0   1.8   1.8   1.8   1.0   0.6   1.4   1.7   1.3   0.6
25 years and Over     4.8   5.6   5.0   4.8   3.1   1.5   4.6   4.8   4.8   1.1
                    ----------- Females on the Live Register Change -----------
All                   3.5   1.7   3.8   2.0   3.4  -2.1   5.5   1.6   1.2   0.3
Under 25 years        0.7   0.7   1.2   0.9   0.9   0.3   0.6   0.6   0.1   0.2
25 years and Over     2.9   0.9   2.8   1.0   2.5  -2.4   4.9   1.0   1.1   0.2
===============================================================================
Note: Data is seasonally adjusted. Figures are in thousands unless otherwise
stated. The Live Register is not designed to measure unemployment.
It includes part-time workers (those who work up to three days a week),
seasonal and casual workers entitled to Unemployment Assistance or Benefit.
The register comprises persons under 65 years of age who; claim
Unemployment Benefit (excluding systematic short-time workers), applicants
for Unemployment Assistance (excluding smallholders/farm assistants and
other self-employed persons) and other registrants including applicants for
credited Social Welfare contributions but excluding those directly involved in
an industrial dispute.

Looks like it’s mostly over 25s then… so more likely to be people with mortgages.

Maybe all the under 25s have gone to Australia?

didn’t Lenihan say only a matter of days ago that the rate ‘might’ hit 5.8%?

what numbers was he working off?

He didn’t give a time frame, or direction of movement.

I’m confused… does that mean it was 240k+7200 = 247,200?

I can’t see that in the figures? What should I look at to see that?

They must have been playing with the time machine again, probably where Cowen was briefly saw the radiant beauty of the prodigal upturn in the year 2525!

Make of that what you will. My guess is that they use a birth/death model like the US census does that lets them add in some extra for those just unemployed but not signed on yet - the number varying depending on the state of the economic cycle.

While looking for that, I noticed:

Look at the second one there - does that really say that self-employed people on Jobseekers Allowance are not on the register? This means, for example, that I won’t be included come next march when my contract is not renewed. Or indeed that any of those self-employed builders that have been let go are not included. That can’t be right, can it?

As another aside, Mrs. YM was at the Post Office in Tullamore this morning and the queue was out the door with men going up to get cash sums - is the dole paid on wednesdays?

Nah, they just like the feel of cash in Tullamore… Fuck all else happening…

oh how I outright laughed