Monday 5 December 2016

Unemployment rate falls again in January, strong tax figures expected

Published 02/02/2016 | 11:27

'Employment will pass the two million threshold in 2016 and unemployment should fall to around 7pc by year's end'
'Employment will pass the two million threshold in 2016 and unemployment should fall to around 7pc by year's end'

THE seasonally adjusted unemployment rate for January 2016 was 8.6pc, down from 8.8pc in December 2015.

  • Go To

The seasonally adjusted number of jobless people was 186,700 in January, a decrease of 3,000 when compared to the December 2015 figure or a drop of 30,500 when compared to January 2015.

Meanwhile, strong tax figures are expected later today when the Department of Finance releases Exchequer return figures.

More people returning to work points to higher income tax returns while the VAT figures will include the all-important Christmas shopping period.

It emerged today that Taoiseach Enda Kenny won't be dissolving the Dail to fire the starting gun in Election 2016 with such a move expected tomorrow.

However, the figures will be welcomed by the Government which is selling the strong economic recovery as a key component of its electioneering message.

Online Editors

Read More

Promoted articles

Editors Choice

Also in Business