Five more out of work in Isle of Man

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THERE were five more people out of work in the island in February compared with January, according to the latest statistics from the Treasury.

The total figure is 1,181.

It means the unemployment rate for the island is 2.6 per cent. In the UK, where unemployment has been falling in recent months, the rate was 7.8 per cent in January.

February’s data from the UK is not yet available.

Compared with a year earlier, 138 more people are out of work in the Isle of Man according to the official statistics.

There will be more detailed coverage of these figures in Monday’s Isle of Man Examiner.

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