Follow @PoliticsIE
 
 
 
Page 1 of 45 1234511 ... LastLast
Results 1 to 10 of 449

Thread: The recovery continues. Unemployment falls significantly.

  1. #1
    Politics.ie Member
    Join Date
    Dec 2010
    Location
    Out of here, for a while.
    Posts
    2,916
    Mentioned
    0 Post(s)

    Default The recovery continues. Unemployment falls significantly.

    Employment rate up for first time since 2008 - RTÉ News

    Good news. Unemployment has fallen from 14.6% to 14.2%. In Feb 12' it stood at 15%.
    It is the eight month in a row that the live register has fallen. Employment actually INCREASED in the fourth quarter.

    There is still along way to go before we reach acceptable levels of employment but this is a good step.

    PS. Before the usual economic illiterates turn up shouting about Christmas and all that, these figures are SEASONALLY ADJUSTED. So the number actually unemployed in the fourth quarter was 294,000.

    Edit. Unemployment rate is now at 14.1% for February. Down from 14.2% at the end of 2012
    Last edited by Marvar88; 27th February 2013 at 01:43 PM.

  2. #2
    Politics.ie Member ruserious's Avatar
    Join Date
    Jan 2011
    Location
    In the Bunker...Returning Fire!
    Posts
    29,321
    Mentioned
    1 Post(s)

    Default

    I fear when the new taxes come in, it will depress the domestic economy even more and worsen the spiraling effect. Good news today, but approaching a critical moment.
    Boycott the "Irish" Sun rag.

  3. #3
    Politics.ie Member
    Join Date
    Jan 2011
    Posts
    4,281
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Marvar88 View Post
    Employment rate up for first time since 2008 - RTÉ News

    Good news. Unemployment has fallen from 14.6% to 14.2%. In Feb 12' it stood at 15%.
    It is the eight month in a row that the live register has fallen. Unemployment actually INCREASED in the fourth quarter.

    There is still along way to go before we reach acceptable levels of employment but this is a good step.

    PS. Before the usual economic illiterates turn up shouting about Christmas and all that, these figures are SEASONALLY ADJUSTED. So the number actually unemployed in the fourth quarter was 294,000.
    I think the "Un" is a force of habit! Employment rose (barely).

  4. #4

    Default

    Quote Originally Posted by freddiefly View Post
    stupid stupid stupid muppet!
    Interesting counter-argument.
    Redacted.

  5. #5
    Politics.ie Member
    Join Date
    Dec 2010
    Location
    Out of here, for a while.
    Posts
    2,916
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Taxi Driver View Post
    I think the "Un" is a force of habit! Employment rose (barely).
    Apologies.

    Fiixed.

  6. #6
    Politics.ie Member
    Join Date
    May 2011
    Posts
    213
    Mentioned
    0 Post(s)

    Default

    14.2% was the rate at the end of 2012. The latest estimate is actually slightly lower at 14.1% down from a peak of 15.0% this time last year. Private sector employment grew by over 10,000 last year albeit entirely due to an increase in part-time work. Also, a large part of the fall in the unempoyment rate was due to people leaving the workforce (including emigrants).

    Still this is a mostly positive release today from the CSO and hopefully that trend continues into 2014.

  7. #7
    Politics.ie Member Dublin 4's Avatar
    Join Date
    Feb 2011
    Location
    Vision & Glory
    Posts
    12,986
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Mars Bar88 View Post
    illiterates
    Quote Originally Posted by Taxi Driver View Post
    I think the "Un" is a force of habit! Employment rose (barely).

  8. #8
    Politics.ie Member Howya's Avatar
    Join Date
    Feb 2012
    Location
    Lass' sie nach Irland kommen
    Posts
    1,686
    Mentioned
    0 Post(s)

    Default

    And the CSO state that "The Live Register is not designed to measure unemployment"
    “Still paying, still to owe. Eternal woe! ” ― Paradise Lost, John Milton

  9. #9
    Politics.ie Member tribade's Avatar
    Join Date
    Nov 2010
    Location
    Co. Donegal
    Posts
    1,278
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Marvar88 View Post
    Employment rate up for first time since 2008 - RTÉ News

    Good news. Unemployment has fallen from 14.6% to 14.2%. In Feb 12' it stood at 15%.
    It is the eight month in a row that the live register has fallen. Employment actually INCREASED in the fourth quarter.

    There is still along way to go before we reach acceptable levels of employment but this is a good step.

    PS. Before the usual economic illiterates turn up shouting about Christmas and all that, these figures are SEASONALLY ADJUSTED. So the number actually unemployed in the fourth quarter was 294,000.
    Just means less people are signing on because of fraud detection, emigration, etc. As Taxi Driver has said, employment has only slightly risen
    Economic Left/Right: -2.88
    Social Libertarian/Authoritarian: -4.72

  10. #10
    Politics.ie Member Dublin 4's Avatar
    Join Date
    Feb 2011
    Location
    Vision & Glory
    Posts
    12,986
    Mentioned
    0 Post(s)

    Default

    Any update on these in a table?


Page 1 of 45 1234511 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •