02/04/2015

Minister Welcomes Fall In Live Register Figures

The latest Live Register figures, released by the Central Statistics Office (CSO), show that the standard unemployment rate in Ireland is now 10%.

This represents a fall in the number of people on the Live Register of 1.8% on the previous month, and continues a trend of a reduction in the levels of people signing on.

For the first time since January 2009, the number of people on the Live Register has fallen below 350,000. In February 2015 alone, more than 11,200 people left the Register to take up employment.

The CSO figures reveal that the number of people who left the Live Register to take up work in February was 11,240. Meanwhile, the year-on-year decrease in Live Register figures is -10.9%, while the two-year decrease is -18%.

The statistics have been welcomed by the Minister for Business and Employment, Ged Nash TD, who said: "While the overall number of people out of work is still too high, these latest figures from the CSO are welcome and confirm the trends of falling unemployment in every part of the country.

"In the last year alone, the Live Register has fallen by 10.9% – or more than 42,500 people. The signals for the future are very positive."

He continued: "With the abolition of milk quotas today and the opportunities for job creation this will bring outside the main urban centres, a new round of garda recruitment in Templemore and plans to develop a major tourist resort in Co Longford, all announced today alone, I believe we will see unemployment rates hit 9% by the end of this year."

(JP/MH)

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