Long-term unemployment now 51.5% of unemployment

15 Mar 2011

Publication cover - going out of businessA very striking feature of today's Quarterly National Household Survey release from the Central Statistics Office is the dramatic increase in the long-term unemployment figure. It is the late 1990s since long-term unemployment accounted for more than half of the overall unemployment figure. "In the fourth quarter of 2010 there were 153,900 people long-term unemployed," said Bríd O'Brien, Head of Policy and Media with the INOU. "A figure that is five times greater than the number of people long-term unemployed at the end of 2007," she continued.
The other striking feature in today's release is in the dramatic increase in the seasonally adjusted unemployment figure which increased by 24,700 people and brought the Standardised Unemployment Rate up to 14.7%. "This increase is particularly worrying as it indicates the strength of the underlying increase in unemployment which has negative implications for the further increase in long-term unemployment," said Bríd.
To address these issues the INOU will be looking to the incoming Government to live up to their promises on jobs within their first 100 days in office. And though welcoming the new Government's commitment to job creation the organisation continues to be concerned at the lack of an integrated jobs strategy and the lack of a Minister of State who would liaise between the Departments of Social Protection; Education and Skills; Enterprise, Jobs and Innovation. "For the proposed new National Employment and Entitlements Service to provide a good service to unemployed people it is vital that there is excellent co-ordination between the three Government Departments," concluded Bríd