Big drop in unemployment over last year
Published 29/08/2013 | 11:49
There has been a big drop in unemployment over the past year, according to definitive new research.
The Central Statistics Office's latest Quarterly National Household Survey shows that the number of people without a job dropped by 22,200 or 6.9pc in the year to June. There are now 300,700 unemployed people in Ireland.
The number of long-term unemployed people - without a job for a year or more - has also fallen by a substantial 12.3pc. This declining trend fist appeared at the end of last year; before that the number of long-term unemployed people had been growing since 2005.
However more people are still classified as long-term unemployed than short-term, a trend that first emerged in 2010. Long term unemployment account for three fifths of the total.
Moving to employment, the total number of people employed grew by 33,800 or 1.8pc. There is not a direct relationship between the number unemployed and employed, since the figures include retirements, new entrants to the employment market and so on - but there is an indirect relationship. Some 1.87m people are now in employment.
Agriculture, forestry and fishing saw the biggest gains, while the biggest job losses went to administration and support service activities, transportation and storage and public administration and defence.
The increase in employment was dominated by men. However unemployment is also still dominated by men, who make up nearly two thirds of all jobless.
Despite warnings that employers are increasingly avoiding awarding full time contracts, the number of full time employees rose by 1.5pc during the year - the first annual gain since the first months of 2008.
Irish IndependentFollow @Indobusiness