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Irish jobs growth 2nd best in the EU

Friday, December 13 12:45:29

Ireland's employment rate grew by 1.1pc in the third quarter of 2013 compared with the second quarter of 2013 - second only to fellow bailout recipient, Portugal at 1.2pc, according to latest EU statistics.

Employment remained stable in euro area and EU28: -0.8pc and -0.3pc respectively compared with the third quarter of 2012.

The number of persons employed remained stable in both the euro area (EA17) and the EU28 in the third quarter of 2013 compared with the previous quarter, according to national accounts estimates published by Eurostat, the statistical office of the European Union.

In the second quarter of 2013, employment was also stable in both zones. These figures are seasonally adjusted.

Compared with the same quarter of the previous year, employment fell by 0.8pc in the euro area and by 0.3pc in the EU28 in the third quarter of 2013 (after -1.1pc and -0.6pc respectively in the second quarter of 2013).

Eurostat estimates that, in the third quarter of 2013, 223.2 million men and women were employed in the EU28, of which 145.0 million were in the euro area. These figures are seasonally adjusted. These quarterly data on employment provide a picture of labour input consistent with the output and income measure of national accounts.

Among those Member States for which data are available, Portugal (+1.2pc), Ireland (+1.1pc), the United Kingdom (+0.6pc) and Luxembourg (+0.5pc)recorded the highest increases in Q3 2013 compared with the previous quarter, while Estonia and Lithuania (both -1.5pc), Cyprus (-1.4pc), Finland (-1.2pc) and Greece (-0.7pc)registered the largest decreases.