Sunday 17 December 2017

Firms hire 200 staff but jobless rate climbs to 14.4pc

Edel O'Connell and Mark Hilliard

MORE than 200 jobs were created and 65 more were saved yesterday but overall unemployment rose slightly last month.

New figures from the Central Statistics Office (CSO) showed 14.4pc of the population is now unemployed compared with 14.3pc in September.

But 150 new jobs will be created at Dublin Aerospace and four new Lidl stores in Dublin, Wicklow, Mayo and Kildare will employ up to 50 people.

Another 65 jobs have been saved after bookmaker Boylesports agreed to buy out its UK rival William Hill in Ireland.

Boylesports will pay close to €1.5m to William Hill for its 15 remaining betting shops here.

Taoiseach Enda Kenny described the new unemployment rate as "much too high".

Brunt

The increase shows young men and non-nationals are continuing to bear the brunt of the economy's collapse as jobs in the construction sector, sales and management positions continue to disappear.

October's seasonally adjusted figures showed an increase of 2,700 in the numbers in receipt of jobless benefits on a month earlier.

That brought the total number of people signing on to 447,100.

There was good news, however, with the announcement of over 150 new jobs.

Dublin Aerospace launched its new Landing Gear Centre at Dublin Airport, which will be used to overhaul commercial landing gear.

The company took over from the defunct SR Technics facility two years ago with just six employees.

Irish Independent

Promoted Links

Today's news headlines, directly to your inbox every morning.

Promoted Links

Editor's Choice

Also in Irish News