This is an archived release.
4.1 per cent unemployment
There were 114 000 unemployed persons in March, corresponding to 4.1 per cent of the labour force.
|March 2015||Change from the previous non-overlapping three-month period|
|1Three-month average named by the middle month.|
|Unemployed persons||114 000||9 000|
|In per cent of the labour force||4.1||0.3|
|Employed persons||2 639 000||-19 000|
|In per cent of the population||68.0||-0.6|
Figures from the Labour Force Survey (LFS) show that the seasonally-adjusted unemployment rate increased by 0.3 percentage points – or 9 000 persons – from December 2014 (average of November-January) to March 2015 (average of February-April). The increase is barely within the error margin of the LFS, but still in line with an increasing trend since May 2014. From May 2014 to March 2015, the seasonally-adjusted unemployment increased by 0.9 percentage points and 26 000 persons. There was an increase among both women and men – and within the two age groups 15-24 and 25-74.
According to the LFS, the seasonally-adjusted number of employed persons decreased by 19 000 from December 2014 (average of November-January) to March (average of February-April). This strong decrease must be seen in conjunction with a very high observation in the month of December. This may be a result of random fluctuations, but it could also partly be related to a problem concerning the change of input register data used in the LFS estimation procedures. However, the trend nonetheless indicates that there has been a flattening and perhaps a certain decrease in the employment level.
In March 2015, the employment rate was 68.0 per cent, down 0.6 percentage points from March 2014.