Tuesday 12 December 2017

Unemployment rate remains at 14%

New figures reveal the jobless rate remained unchanged in March
New figures reveal the jobless rate remained unchanged in March

The unemployment rate remained unchanged last month at 14%.

According to the Central Statistics Office, a total of 425,088 signed on for dole benefits in March with the figure down 8,966 over the course of the last year.

The report found the number of men on the Live Register fell by 11,247, or 4%, in the last 12 months compared to an increase in women of 2,281, or 1.5%.

The unemployment rate compares to a 14.2% level recorded by the quarterly national household survey late last year.

The Small Firms Association has warned the Government must re-skill and re-train the thousands of long-term unemployed.

Director Avine McNally said while the latest Live Register figures indicate a stabilisation of employment, the fact 187,896 people have been out of work for more than a year is a worry.

"There is a major concern in today's figures, with 44% of individuals on the Live Register classed as long-term unemployed," Ms McNally said.

"The task the Government faces in re-skilling and re-training is daunting, but necessary, if Ireland is to further improve the quality of our workforce and to avoid a long period of structural unemployment."

The number of long-term claimants in March was up by 3,431 from the same time last year.

While the number of men signing on for more than a year dropped by 1,065, female long-term claimants increased by 4,496 from March 2012.

Press Association

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