business Unemployment

Jobless rate including Covid payments falls to 7.9% in October

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Unemployment fell to 7.9% last month, according to the latest figures from the Central Statistics Office, and it includes those in receipt of the Pandemic Unemployment Payment.

This compares to the Covid-adjusted rate of 8.9% in September and 20.3% in October 2020. The traditional, seasonally adjusted rate of unemployment, stood at 135,200 people or 5.2% of the workforce in October.

This is unchanged from September and down 18,400 from the 6.3% recorded in October 2020. The Pandemic Unemployment Payment (PUP) was closed to new applicants from July and the transition to a Jobseeker's payment began at the end of last month.

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