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04/05/2016
New Figures Reveals Decline In Unemployment Rate
New figures have revealed unemployment has declined to 8.4% in April 2016.
The official CSO monthly report shows the figure has dropped from 8.6% in March and 9.7% in April 2015.
Overall, there are 25,700 fewer people unemployed today compared to 12 months ago.
Jobs Minister Richard Bruton said while good progress has been made on reducing unemployment, there is "no room for complacency".
"The key to being able to do everything we want to do as a Government – whether in housing, healthcare, or any of the other crucial issues that face Irish people – is continuing the progress on job-creation," he said.
"Over the past four years since we launched the Action Plan for Jobs we have seen consistent, steady progress in this area, with unemployment falling from 15.1% to 8.4% but there is no room for complacency."
"There are many significant risks to our continuing recovery – including Brexit, conflict and instability in the Middle East, oil prices, slowdown in China – and yesterday we saw the EU Commission downgrade its forecasts for EU growth.
"All of this highlights the need to continue making changes in the areas over which we have control – in particular, to do everything possible to improve our international competitiveness."
(LM/CD)
The official CSO monthly report shows the figure has dropped from 8.6% in March and 9.7% in April 2015.
Overall, there are 25,700 fewer people unemployed today compared to 12 months ago.
Jobs Minister Richard Bruton said while good progress has been made on reducing unemployment, there is "no room for complacency".
"The key to being able to do everything we want to do as a Government – whether in housing, healthcare, or any of the other crucial issues that face Irish people – is continuing the progress on job-creation," he said.
"Over the past four years since we launched the Action Plan for Jobs we have seen consistent, steady progress in this area, with unemployment falling from 15.1% to 8.4% but there is no room for complacency."
"There are many significant risks to our continuing recovery – including Brexit, conflict and instability in the Middle East, oil prices, slowdown in China – and yesterday we saw the EU Commission downgrade its forecasts for EU growth.
"All of this highlights the need to continue making changes in the areas over which we have control – in particular, to do everything possible to improve our international competitiveness."
(LM/CD)
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