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10/12/2010
Ireland's Employment Increases
Unemployment has risen by 3.7% since last September, according to figures released by the Central Statistics Office.
Although representing just under 71,000 people, the job losses are in fact the lowest level of job losses, showing either some signs of recovery, or a bottoming out of businesses ability to operate with reduced staff numbers.
The new figures show there are now just over 1.8 million people working in Ireland, a drop of 14% on the peak employment levels in 2007.
However, a worrying statistic among the data showed that the number of people categorised as being long-term unemployed rose by 6.5% over the same period. During the third quarter of this year, long-term unemployment accounted for almost 47% of total unemployment compared with 25.5% a year earlier.
Today's figures also showed further falls in construction employment. Compared with the same period last year, employment numbers fell in 11 of the CSO's 14 categories, with the biggest fall of 36,800 or 24.3% in construction.
Construction employment has now fallen by almost 60% since the second quarter of 2007.
There was also a big fall of 9.4% in the financial, insurance and property category.
The CSO survey also shows that the number of non-Irish workers in the labour force fell by almost 13% over the year to 276,600. Just over 50,000 of these were unemployed.
(DW)
Although representing just under 71,000 people, the job losses are in fact the lowest level of job losses, showing either some signs of recovery, or a bottoming out of businesses ability to operate with reduced staff numbers.
The new figures show there are now just over 1.8 million people working in Ireland, a drop of 14% on the peak employment levels in 2007.
However, a worrying statistic among the data showed that the number of people categorised as being long-term unemployed rose by 6.5% over the same period. During the third quarter of this year, long-term unemployment accounted for almost 47% of total unemployment compared with 25.5% a year earlier.
Today's figures also showed further falls in construction employment. Compared with the same period last year, employment numbers fell in 11 of the CSO's 14 categories, with the biggest fall of 36,800 or 24.3% in construction.
Construction employment has now fallen by almost 60% since the second quarter of 2007.
There was also a big fall of 9.4% in the financial, insurance and property category.
The CSO survey also shows that the number of non-Irish workers in the labour force fell by almost 13% over the year to 276,600. Just over 50,000 of these were unemployed.
(DW)
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