Number of unemployed significantly dropped in October compared to previous year

In October, the number of persons registering for work stood at 1,254, decreasing by 1,860 when compared to the corresponding month in 2020.

Data provided by Jobsplus for October indicate a year-on-year decrease of 1,750 persons registering under Part I and an additional drop of 110 persons registering under Part II of the unemployment register.

Those registering under Part I are either new jobseekers who have left school, re-entrants into the labour market or individuals who have been made redundant by their former employers. Those registering under Part II are either workers who have been dismissed from work due to disciplinary action, left work out of their own free will, refused work or training opportunities or were struck off the register after an inspection by Law Enforcement personnel.

Registered unemployment levels decreased across all age groups for both males and females. Those who had been registering for work for less than 21 weeks and those who had been registering between 21 and 52 weeks decreased considerably when compared to the same month in 2020.

A drop was also recorded among those persons who were registering for work for more than one year. The number of persons with a disability who were registering for work increased by five when compared to the previous year, reaching 267 persons. Males accounted for 74.9% of total registrants with a disability. The largest share of males and females on the unemployment register sought occupations as clerical support workers, with 20.7% and 45.9% respectively.