Unemployment rate for May stood at 0.5%

The Island's unemployment rate for May 2023 stood at 0.5% - a decrease of 0.1% on the previous month. 

That's according to the Labour Market Report, which shows unemployment has decreased by 16 people since April and by 18 people compared to the same month last year. 

There were 830 job vacancies available at the Job Centre in May, which is a decrease of 22 vacancies from the month before.

Medical and Health Services currently have the highest number of jobs available, followed by Catering and Entertainment.