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Unemployment rate falls below 12pc in Q2

Tuesday, August 26 11:09:55

There was a rise on 31,600 in the number of people employed in Ireland in the second quarter while the numbers out of work fell by 46,200, bringing the unemployment rate to under 12pc at 11.5pc.

This brings total employment up to 1,901,600 and total unemployed to 254,500, the latest Quarterly National Household Survey covering the second quarter shows today.

On a seasonally adjusted basis, employment increased by 4,300 (+0.2pc) in the quarter. This follows on from a seasonally adjusted increase in employment of 1,200 (+0.1pc) in Q1 2014.

The seasonally adjusted unemployment rate decreased from 12.0pc to 11.5pc over the quarter.

Unemployment decreased by 46,200 (-15.4pc) in the year to Q2 2014 bringing the total number of persons unemployed to 254,500.

The long-term unemployment rate decreased from 8.1pc to 6.8pc over the year to Q2 2014. Long-term unemployment accounted for 57.6pc of total unemployment in Q2 2014 compared with 58.2pc a year earlier and 61.8pc in the second quarter of 2012.

The total number of persons in the labour force in the second quarter of 2014 was 2,156,100, representing a decrease of 14,500 (-0.7pc) over the year. The number of persons not in the labour force in Q2 2014 was 1,437,700, an increase of 22,100 (+1.6pc) over the year.

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