Jobless rate at highest level in four years

[pob]

Is this further evidence of FF mismanagement of the economy and further proof that our boom was reliant on the construction sector?

From Breaking News on Ireland.com:

• Jobless rate at highest level in four years
  
  The unemployment rate has risen to its highest level in four years, according to the Central Statistics Office.
  
  The standardised rate, as measured by the Live Register, was 4.8 per cent in October - the highest rate since July 2003.
  
  This compares with the latest seasonally adjusted unemployment rate of 4.6 per cent from the CSO's Quarterly National Household Survey, a more accurate measure of unemployment.
  
  The seasonally adjusted Live Register total increased from 164,200 in September to 164,700 in October. There was an increase of 2,200 from August to September.
  
  The CSO said there was an unadjusted monthly decrease of 3,203 on the Live Register in October, which reflected decreases in all regions.
  
  The largest percentage decrease was in the Dublin region which fell 3.5 per cent, while the smallest percentage decrease was in the Midland region, which decreased 0.1 per cent.
  
  The Live Register is not designed as an accurate measure of unemployment as it includes those who work up to three days a week, seasonal and casual workers entitled to jobseekers benefit or allowance.

[Satan]

More disinformation from the opposition, whats new?.

[alonso]

The CSO are the opposition?

[Satan]

The CSO are the opposition?

It wouldn't suprise me if some opposition hacks were twisting the figures to suit their agenda.

[odie1kanobe]

Lets see 78,000 new jobs created but unemployment goes up by 9,000 so there is a crises ?????

3,200 less people claiming than 2 months ago when opposition were claiming its bad.

[HanleyS]

Lets see 78,000 new jobs created but unemployment goes up by 9,000 so there is a crises ?????

3,200 less people claiming than 2 months ago when opposition were claiming its bad.

The workforce increases by 80,000 per annum.

[Allankey]

I love that phrase - "jobs created".

You'd think Bertie was going around the country waving some class of a wand at everybody.

[odie1kanobe]

Lets see 78,000 new jobs created but unemployment goes up by 9,000 so there is a crises ?????

3,200 less people claiming than 2 months ago when opposition were claiming its bad.

The workforce increases by 80,000 per annum.

Which means there isn't a crises as if you take the people who retire, die before retirement, emigrate, leave to start families or set up their own businesses then creating 78,000 jobs while 80,000 entering the workforce is more than sufficient.

[alonso]

obviously if the workforce "increases" by 80,000, these factors are accounted for. No?

[odie1kanobe]

obviously if the workforce "increases" by 80,000, these factors are accounted for. No?

Not necessarily as depends on who is measuring it, which is why stats like this are dangerous in the hand of politicians.