On Air Greatest Hits Chris Kinley | 6:30pm - 9:00pm

January jobless figures tell two sides of story

 

Last month's jump in unemployment in the Island was a seasonal trend - but saw the lowest January jobless figure for four years.

Nine-hundred-and-seventy-three people were registered as unemployed, compared to 1,182 for the same period last year.

That means the unemployment rate is now 2.2%, compared to 2.6% in January 2014.

Although less steep than in recent years, last month's rise meant more people were without a job in January than since April last year. 

Latest figures show 70% of the unemployed are men, 30% women.

Nearly half have been registered jobless for three months or less but 20& have been without work for a uear or more.  

Carl Hawker of the Cabinet Office’s economic affairs team says it's important to track the figures month by month:

 

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