Costello welcomes remarkable drop in unemployment

7 January 2015

by Cllr Joe Costello

Joe Costello TD has welcomed the continued reduction in unemployment, as indicated in today’s Live Register figures from the CSO. 

Deputy Costello said that “The latest figures show that unemployment is now 10.6 percent, which is a remarkable decrease from the peak of 15.1 percent in 2012.  The Live Register has now fallen by almost 40,000 in the last 12 months, and the most recent Quarterly National Household Survey indicates that the vast majority of these new jobs are full-time”

“If the recovery continues to take hold, we are well on the way to single digit unemployment in 2015.  The benefits of the recovery should be fairly distributed amongst those who sacrificed most in the recession.  This is what was happened in the recent Budget and will be continued in future Budgets.”