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04/03/2015
Unemployment Figures Drop
The Minister for Business & Employment, Ged Nash TD, has welcomed new figures from the CSO which shows that the number of people on the Live Register is continuing to fall.
As of the end of February, the standard unemployment rate stood at 10.1%. This represents a fall of 10.8% on the same figure last year and a two year decrease of more than 17%.
While there is usually a slight drop in the Live Register between January and February, due to seasonal factors, this year's month-on-month decrease has seen a dramatic fall of more than double the same period last year.
Minister Nash said: "Today's Live Register figures show that we are very much on track to bring unemployment down to below 10% before the end of this year. In fact, it looks like we will achieve this figure well before the Government target of end 2015.
"As Minister for Employment, I am particularly heartened to see that more than 14,600 people left the Live Register to take up work in January. That is a new beginning at the start of a new year for thousands of families, right across the country.
"Our strategies are working and clearly the Action Plan for Jobs and Pathways to Work are delivering what everyone in Government is determined to see – full employment by 2018."
(CD/JP)
As of the end of February, the standard unemployment rate stood at 10.1%. This represents a fall of 10.8% on the same figure last year and a two year decrease of more than 17%.
While there is usually a slight drop in the Live Register between January and February, due to seasonal factors, this year's month-on-month decrease has seen a dramatic fall of more than double the same period last year.
Minister Nash said: "Today's Live Register figures show that we are very much on track to bring unemployment down to below 10% before the end of this year. In fact, it looks like we will achieve this figure well before the Government target of end 2015.
"As Minister for Employment, I am particularly heartened to see that more than 14,600 people left the Live Register to take up work in January. That is a new beginning at the start of a new year for thousands of families, right across the country.
"Our strategies are working and clearly the Action Plan for Jobs and Pathways to Work are delivering what everyone in Government is determined to see – full employment by 2018."
(CD/JP)
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The latest job benefit figures show that just 20 more people signed on in February, leaving the total figure at 436,956. The remarkable figure compares to an increase in January of 110,664 and when seasonal factors are taken into account, the Live Register actually fell by 2,300 to stand at 432,400.
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Dole Queues Will 'Peak' In 2010
The State's unemployment rate will peak at about 13.5% later this year. The Irish Republic's training agency FÁS has said the number of people in work this year is likely to fall by 87,000 compared with last year.
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