Unemployment

Central Bank Monetary Report shows unemployment up, inflation contained

The Central Bank's Monetary Report is showing an increase in the unemployment rate but a containment of the rate of inflation.

The report was released today.

"Since the last Monetary Policy Announcement in September 2016, oil prices rallied to a 15-month high of near US$50 dollars per barrel (WTI) in October, but have declined since. 

Though oil prices generally remained low, they improved in the third quarter of 2016 and averaged US$44.9 compared to US$39.4 in the first half of the year.

Unemployment rises again

The unemployment rate in this country has increased yet again.

The latest data from the Central Statistical Office (CSO) indicates that the unemployment rate increased from 3.8 percent in the first quarter of 2016 to 4.4 percent in the second quarter.

A year ago the rate was the same 4.4 percent for the second quarter of 2015.

The CSO says the number of unemployed males increased from 3.7 percent to 4 percent.

While unemployed females went up from 4 to 5 percent for the second quarter of 2016.

Unemployment up; stats show 5,000 fewer employed persons than this time last year

The Labour Force Bulletin for the first Quarter 2016 is showing an increase in unemployment, 5,000 fewer people employed than this period last year.

The bulletin was released by the Central Statistical Office (CSO) on Monday.

The CSO says the information contained in the bulletin was based on data collected in the Continuous Sample Survey of Population conducted during the period January-March 2016.

The following are the details:

CSO data shows unemployment up in last quarter of 2015

Data from the Central Statistical Office shows an increase in the unemployment rate in the last quarter of 2015.

The following is a statement issued by the CSO today:

"The Central Statistical Office is pleased to announce the release of the Labour Force Bulletin for the 4th Quarter 2015. 

The information contained in this bulletin is based on data collected in the Continuous Sample Survey of Population conducted during the period October-December 2015.

Pages