Employment and unemployment in 1st quarter 2007

Unemployment rate 2%
In the first quarter of 2007, 3,500 persons were unemployed and in search of a job or 2% of the labour force. Both male and female unemployment rate was 2%. The unemployment rate was highest amongst persons aged 16-24 years old, or 6.9%.

In the first quarter of 2006 the unemployment rate was 2.4%, 2.2% amongst men and 2.5% amongst women. The unemployment rate was highest amongst young people aged 16-24 years old, or 7.7%.

Persons are classified as unemployed who have no employment, are actively seeking a job and could start working within two weeks or have found a job which starts within 3 months.