Unemployment rate hits five-year low of 11.5%

Posted by | July 30, 2014 | Employment News | No Comments

THE NUMBER OF people unemployed has fallen to 382,800, down 3,400 from last month.

Stats published today by the CSO gives Ireland an unemployment rate of 11.5%, down 0.1%.

As a result, the seasonally adjusted register, which includes casual and part-time workers as well as those on Jobseeker’s Allowance, stood at 382,800 at the end of July, its lowest level since April 2009.

Minister for Jobs Richard Bruton described the figures as “very encouraging”, noting the reduction in unemployment in the last 12 months was more than double the previous 12 months, sugesting recovery was having “greater traction”.

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