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Unemployment holds at 1.4 per cent

Fri, 12 Aug 2016


Unemployment on the Isle of Man has held at 1.4 per cent.
 
It's the lowest recorded figure since October 2008 - at the end of July there were 620 people out of work; 65 per cent of those were men.  
 
It marks a decrease of 170 people compared to the same month in 2015. 
 
During July 812 vacancies were notified to the Job Centre - at the end of the month 524 positions remained on file. 
 
The Island's construction industry was the sector with the highest number of unemployed people - the highest number of job vacancies was recorded in retail distribution. 
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