Wednesday 12 December 2018

Live Register at lowest level since the start of recession

(Stock image)
(Stock image)
Allison Bray

Allison Bray

The number of people signing on last month was the lowest recorded since the start of the recession in 2008, the latest CSO figures reveal.

The seasonally adjusted Live Register stood at 233,100 - the lowest figure since July 2008.

The figures confirm the trend identified last month which led to commentators hailing the "lost decade" as being over.

Economist Dan O'Brien predicted we are now likely to be living through a new peak for jobs if growth in Ireland keeps up its current pace.

There were 34,836 fewer unemployed people in the unadjusted figures last month compared with the same period last year - a drop of 13pc to 232,366.

The number of people signing on last month also decreased marginally by 2,200 people, or 0.9pc, since February.

Released yesterday, the figures reveal there were 1,600 fewer males and 700 fewer females on the seasonally adjusted Live Register in March compared with February.

Irish Independent

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