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Employment survey for November 2014 - January 2015

Statistics and Census Service
2015-03-03 11:42
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Information from the Statistics and Census Service (DSEC) indicated that both the unemployment rate (1.7%) and the underemployment rate (0.4%) for November 2014-January 2015 continued to remain stable as in October-December 2014.

Total labour force was 404,500 and the labour force participation rate stood at 74.3%. Total employment was 397,800, a decrease of 800 from October-December 2014. Analysed by industry, employment in Hotels, Restaurants & Similar Activities and Gaming saw decrease.

Number of the unemployed was 6,700, down by 300 from October-December 2014; fresh labour force entrants searching for their first job accounted for 11.3% of the total unemployed, down by 3.9 percentage points.

In comparison with November 2013-January 2014, the labour force participation rate increased by 1.3 percentage points, while both the unemployment rate and the underemployment rate remained constant.


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