Employment down by 1,711 in August 2009

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Employment down by 1,711 in August 2009The full-time gainfully occupied population in August 2009 totalled 144,549, down by 1,711 when compared to the previous year and by 411 over the previous month.

Labour market data for August 2009, provided by the Employment and Training Corporation (ETC), ndicate a drop of 389 persons in the labour supply over the corresponding month in the preceding year. This drop was the result of a decrease of 1,711 persons, or 1.2 per cent, in the full-time gainfully occupied population, and an increase of 1,322 persons, or 21.6 per cent, on the unemployment egister.

The resulting labour supply for August stood at 151,992, with a full-time gainfully occupied population of 144,549 and a registered unemployed population of 7,443.

Full-time Employment

This data indicates that from August 2008 to August 2009, jobs within the private sector went down by 401 persons or -0.4 per cent. Accordingly, the private sector employed 103,896 persons on a full-time basis in August 2009. Concurrently, employment in the public sector fell by 1,310 persons, or -3.1 per cent, in the twelve-month period under review.

Between August 2008 and August 2009 many of the economic activities within the production sector eported a decrease in full-time employment, with the following activities having the main drops: manufacture of other transport equipment [NACE 35] (-916 persons), manufacture of radio, television, and communication equipment and apparatus [NACE 32] (-473 persons), and manufacture of rubber and plastic products [NACE 25] (-326 persons). On the other hand, some economic activities registered an increase in full-time employment, of which the following were the main ones: manufacture of basic metals [NACE 27] (+73 persons), publishing, printing and reproduction of ecorded media [NACE 22] (+58 persons), and manufacture of chemicals and chemical products NACE 24] (+25 persons). On its part, the construction sector [NACE 45] reported a drop of 341 persons n employment when compared to the corresponding month in the preceding year.

Regarding service activities, the following economic activities registered an increase in full-time employment: other business activities [NACE 74] (+700 persons), health and social work activities NACE 85] (+224 persons), and recreational, cultural, and sporting activities [NACE 92] (+210 persons). n contrast, hotels and restaurants registered a decrease in full-time employment [NACE 55] (-636 persons).

Between July and August 2009, drops in education [NACE 80] (-170 persons), hotels and restaurants NACE 55] (-85 persons) and manufacture of food products and beverages [NACE 15] (-72 persons) were registered. On the other hand, sectors which registered increases over the same period included health and social work [NACE 85] (+44 persons), computer and related activities [NACE 72] (+23 persons), and recreational, cultural and sporting activities [NACE 92] (+22 persons).

Part-time Employment

n the twelve months to August 2009, part-time jobs increased by 1,647. Nearly half these persons had a part-time job as their main employment. The main increase in part-time employment was registered n education [NACE 80] (+517 persons), wholesale and retail trade [NACE 50-52] (+391 persons), and eal estate, renting and business activities [NACE 70-74] (+319 persons).

Between July and August 2009, the economic sectors with the largest drops were education [NACE 80] (-286 persons) and hotels and restaurants [NACE 55] (-125 persons), whereas increases were egistered in real estate, renting and business activities [NACE 70-74] (+36 persons) and in other community, social and personal services activities [NACE 90-93] (+66 persons).

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