This is an archived release.
4.3 per cent unemployment
There were 118 000 unemployed persons in May, corresponding to 4.3 per cent of the labour force.
|May 2015||Change from the previous non-overlapping three-month period|
|1Three-month average named by the middle month.|
|Unemployed persons||118 000||5 000|
|In per cent of the labour force||4.3||0.1|
|Employed persons||2 652 000||8 000|
|In per cent of the population||68.2||0.0|
Seasonally-adjusted figures from the Labour Force Survey (LFS) show that unemployment increased by 5 000 persons from February (average of January-March) to May (average of April-June). The increase is within the error margin of the LFS, but still in line with an increasing trend since May 2014.
In comparison, the number of people registered as unemployed or on government initiatives to promote employment with the Labour and Welfare Administration (NAV) increased by 2 000 from February to May. This figure is also based on seasonally-adjusted figures and three-month averages.
The LFS shows that the seasonally-adjusted number of employed persons increased by 8 000 from February to May – a change which is within the error margin of the LFS. In May, the employment rate was 68.2 per cent, unchanged from February.