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29/11/2012
Unemployment Rate Falls
Unemployment has dropped by 1.1%, according to the Central Statistics Office.
Year on year from the end of September unemployment was down by 3,600 to 324,500.
The Quarterly National Household Survey also revealed the seasonally adjusted unemployment rate fell to 14.8%.
Merrion economist Alan McQuaid the labour market remains very weak. The drop in emigration has been attributed to keeping unemployment figures down.
''That said, there have been positive job announcements in recent weeks which provide some grounds for optimism, and these latest figures are a sign that things are headed in the right direction, albeit slowly,'' he commented.
(GK/IT)
Year on year from the end of September unemployment was down by 3,600 to 324,500.
The Quarterly National Household Survey also revealed the seasonally adjusted unemployment rate fell to 14.8%.
Merrion economist Alan McQuaid the labour market remains very weak. The drop in emigration has been attributed to keeping unemployment figures down.
''That said, there have been positive job announcements in recent weeks which provide some grounds for optimism, and these latest figures are a sign that things are headed in the right direction, albeit slowly,'' he commented.
(GK/IT)
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