Employment continues to fall
19 Sep 2012
According to today's release from the Central Statistics Office employment continues to fall and now stands at 1,787,900 people. In parallel the Quarterly National Household Survey for Q2 2012 shows that unemployment rose over the year by 1.3% to 308,500 people. Long-term unemployment also continued to rise, it is 12.5% higher than in Q2 in 2011, and now accounts for 59.9% of the overall figure.
There are 184,800 people long-term and the INOU is keenly aware that without the right interventions the longer someone is unemployed the harder it is for them to get back to work. "The Government needs to adopt a different approach to addressing the unemployment crisis: insufficient investment in job creation and education and training initiatives is clearly not producing the desired outcomes for unemployed people," said Bríd O'Brien, Head of Policy and Media with the INOU.