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Unemployment estimates from live register figures

  • 05-03-2009 10:30am
    #1
    Assets Model
    Registered Users, Registered Users 2 Posts: 308 ✭✭


    How does the media get unemployment estimates from live register figures? The live register is 350,000 and the labour force is 2.2 million which doesn't give 10% to me.


Comments

  • #2
    Time Magazine
    Registered Users, Registered Users 2 Posts: 8,452 ✭✭✭Time Magazine


    The Live Register doesn't measure the unemployment rate.

    http://www.cso.ie/qnhs/what_is_qhns.htm


  • #3
    Assets Model
    Registered Users, Registered Users 2 Posts: 308 ✭✭Assets Model


    I know, hence I used the expression 'estimates'.


  • #4
    Time Magazine
    Registered Users, Registered Users 2 Posts: 8,452 ✭✭✭Time Magazine


    The official unemployment rate is measured by the QNHS, which I linked to.

    Maybe for estimates, RTÉ see the % increase in Live Register and add that to the unemployment rate from the last QNHS. Not sure of their particular method.


  • #5
    SkepticOne
    Closed Accounts Posts: 6,718 ✭✭✭SkepticOne


    The estimating is done by the CSO not RTE but essentially that is correct. From the CSO website:
    Unemployment
    statistics

    Standardised unemployment rates

    The Standardised Unemployment Rate (SUR) series in Table 3 is based on the estimated number of persons unemployed expressed as a percentage of the total economically active population (i.e. the Labour Force), using internationally comparable definitions of employment and unemployment, as recommended by the International Labour Office.

    Benchmark estimates of the SUR for January, April, July and October of each year are calculated using seasonally adjusted data from the Quarterly National Household Survey. The monthly trend in the seasonally adjusted
    Live Register is then used to estimate the monthly SUR between successive surveys.


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