Treasury Minister Eddie Teare says he’s disappointed but not despondent after a rise in unemployment last month.
The number of people out of work topped 1,000 in July – a rate of 2.3 per cent.
Mr Teare says the rise defies trends in previous years when more people find seasonal or summer jobs.
But with retail and catering particularly hard-hit, he says students returning to the Island for the summer are finding it difficult to find work:
College outlined 'fragile' financial position in letter to enterprise minister
King William's College received £2.25m loan in 2025
'Stay cautious' after global disruption to Microsoft
OCSIA advice to Island residents
Tiny percentage of government buildings have solar panels
Earlier this year Manx Utilities was granted approval for 1,200 panels (735kW) on the NSC
Douglas East candidate says integrity of whole election has been cast into doubt'
Dave Mackey backs calls for a full recount of September's vote