03/12/2014

Unemployment Rate Drops In Ireland

Fine Gael TD for Laois/Offaly and Chair of the Oireachtas Jobs Committee, Marcella Corcoran Kennedy, has said that the publication of the latest unemployment figure showing the rate has dropped from 15.1% in 2012 to 10.7% shows that the economy is recovering and that the Government’s plan to create jobs is working.

She said: "The latest CSO Live Register figures show that the unemployment rate has dropped to 10.7% from a high of 15.1% in 2012. Too many people are still out of work, but with the rate falling for 36 consecutive months, we are moving in the right direction.

"In the past month alone, the number on the Live Register has decreased by 4,100 . The number of people signing on the Live Register is now 10% lower than this time last year and stands at 352,647. Almost 80,000 jobs have been created since the launch of the Action Plan for Jobs and the recovery is now broadening across the country.

"Thanks to the sacrifices people have made to get this country to a better place, it is now possible for the Government to cut taxes to help people in work. Every household with somebody in full-time work will be a bit better off from January. We’re committed to reducing personal taxation, to putting money back in people pockets and to growing the economy."

(CD/IT)

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