Unemployment at lowest level since 2009 – CSO

//Unemployment at lowest level since 2009 – CSO

Unemployment at lowest level since 2009 – CSO

Unemployment is at its lowest level since 2009, according to the latest figures from the CSO’s Quarterly National Household Survey.

The CSO said that unemployment stood at 12.8% in the third quarter of 2013, down from 13.6% in the second quarter. 

The rate has fallen for six consecutive quarters from a high of 15.1% at the height of the financial crisis.

The number of people in employment was at its lowest in the first half of 2012, and started to grow in the last quarter of that year. 

Employment grew by 58,000 (3.2%) in the year to the third quarter of 2013 to stand at a total of 1,899,300. 

The number of unemployed fell by 12.8% in the year to the third quarter, bringing the total number of people on the dole to 282,900.

Today’s figures also show that the long term unemployment rate fell from 8.9% to 7.6% over the year and accounted for 58.4% of total employment in the third quarter compared to 59.5% a year earlier.


RTÉ News – Business Headlines

By | 2013-11-26T11:29:59+00:00 November 26th, 2013|Business|0 Comments