Business Irish

Wednesday 21 February 2018

10,000 fewer signing on as unemployment drops

The number on the Live Register in Ireland rose by 1,700 in November
The number on the Live Register in Ireland rose by 1,700 in November
Aideen Sheehan

Aideen Sheehan

THERE are 10,000 fewer people signing on this month than there were a year ago.

New figures from the Central Statistics Office show a slight drop in the unemployment rate over the last year from 14.9pc to 14.6pc.

There are now 429,396 people on the Live Register, down from 439,589 a year ago.

And on a seasonally adjusted basis the numbers on the dole fell by 900 in January compared to December 2012.

Male unemployment is falling faster than female however, as the number of women signing on actually rose in January.

Long term unemployment continued to rise however with 190,000 or 44pc of the total out of work for over a year.

The number of young people under 25 on the Live Register continued to fall faster than the number of older people.

There also another 83,470 people on various government back to work schemes such as the Job Bridge internship programme and Fas training courses.

The Irish Small and Medium Enterprises Association said stagnant Live Register showed the economy had "gone to the dogs" for lack of economic planning.

"The truth of the matter is that the current administration is at sixes and sevens when it comes to addressing unemployment, relying on the 'emigration safety valve' and some half-baked community 'employment'

schemes to keep the dole queues down" said ISME chief executive Mark Fielding.

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