Decreased labour force participation
The labour force participation rate decreased from the 3rd quarter of 2016 to the 3rd quarter of 2017. The decrease applied to most of the age groups according to new figures in the Labour force survey.
The labour force participation rate among people aged 15-74 was 70.1 per cent in the 3rd quarter of 2017, down from 71.2 per cent in the same quarter the previous year. The figures on unemployed persons decreased by 23 000 in this period, but without any increase in the figures on employed persons. During the same period, the population aged 15-74 increased by 30 000.
Figure 1. Persons (15-74 years) in the labour force, by gender. In per cent of the population in each group
The decrease in the participation rate applied to both men and women. Among men, the decrease was mainly among those aged 25-54.
Figure 2. Persons (15-74 years) in the labour force, by age. In per cent of the population in each group
|Q3 2016||Q3 2017|
Fewer underemployed people
There were only small changes in the number of employed people with full-time and part-time work from the 3rd quarter of 2016 to the 3rd quarter of 2017. During the same period, the number of underemployed people decreased by 16 000, falling to 57 000 in the 3rd quarter of 2017. More than half of the underemployed were seeking full-time work.
Fall in unemployment
The unemployment rate among men fell from 5.2 to 4.4 per cent from the 3rd quarter of 2016 to the 3rd quarter of 2017. For women, the rate was 3.9 per cent in the 3rd quarter of 2017, down from 4.6 per cent a year earlier.
The average period of unemployment increased from 28.4 to 32 weeks last year.