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01/06/2017
Drop In Unemployment Figures
New figures have revealed a continuing fall in the number of people signing on to the Live Register.
In May, 2,200 less people signed on than compared with April. Compared with May 2016 figures, 44,120 less people signed on.
In unadjusted terms at the end of May, there were 262,702 persons signing on the Live Register.
Earlier this week, CSO figures showed that the unemployment rate fell to 6.4% down from 8.4% this time last year.
Welcoming May's figures, which are the lowest number recorded in the seasonally adjusted series since October 2008, Jobs Minister Mary Mitchell O'Connor TD said: "Today's Live Register figures for May brings further welcome news that unemployment is decreasing. With the unemployment rate now at 6.4% compared to 8.4% in May, 2016 and Ireland now ranked 6th most competitive economy out of 63 countries in the IMD Global Competitiveness Yearbook we are definitely heading in the right direction.
"Every job created has a real effect on men, women, and children and the wider community. It gives people self-respect, dignity and enables them to support their family and have a better quality of life. That is why we cannot be complacent about job creation."
(LM)
In May, 2,200 less people signed on than compared with April. Compared with May 2016 figures, 44,120 less people signed on.
In unadjusted terms at the end of May, there were 262,702 persons signing on the Live Register.
Earlier this week, CSO figures showed that the unemployment rate fell to 6.4% down from 8.4% this time last year.
Welcoming May's figures, which are the lowest number recorded in the seasonally adjusted series since October 2008, Jobs Minister Mary Mitchell O'Connor TD said: "Today's Live Register figures for May brings further welcome news that unemployment is decreasing. With the unemployment rate now at 6.4% compared to 8.4% in May, 2016 and Ireland now ranked 6th most competitive economy out of 63 countries in the IMD Global Competitiveness Yearbook we are definitely heading in the right direction.
"Every job created has a real effect on men, women, and children and the wider community. It gives people self-respect, dignity and enables them to support their family and have a better quality of life. That is why we cannot be complacent about job creation."
(LM)
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