Since mid-2011, unemployment has decreased mainly due to the decreasing number of the long-term unemployed (i.e. people who had been looking for a job for one year or longer),
but in the last two quarters the decline in long-term unemployment has stopped. The long-term unemployed numbered 25,000 in the 1st quarter (31,000 the year earlier) and the long-term unemployment rate was 3.7%. The short-term unemployed (i.e. people who had been looking for a job for under a year) were predominant among the unemployed, numbering 32,000 in the 1st quarter. Although the short-term unemployed numbered 5,000 less compared to the 1st quarter of 2013, their number has stayed quite stable since 2012.
In the 1st quarter, the number of unemployed men remained the same as in the 4th quarter of 2013 and the number of unemployed women decreased by 2,000. The unemployment rate of men was 9.4% and that of women was 7.7%.
In the 1st quarter, youth unemployment decreased – the youth unemployment rate (i.e. the share of unemployed persons aged 15–24 among the labour force of the same age) was 17.4%.
The young unemployed numbered 10,000 in total (compared to 14,000 the year earlier). As the youth unemployment rate is calculated as a share of those young people who are economically active (i.e. employed or unemployed), but most members of this age group are still studying, the share of the unemployed among all young people aged 15–24 was only 6.5%.