Unemployment Rise Faltering

Unemployment levels across the State are levelling out.

New figures from the Central Statistics Office (CSO) show that the numbers signing on the live register decreased by a small amount in April.

Seasonally adjusted figures show the Live Register fell by 500 during April, to stand at 432,500 at the end of the month.

However, year-on-year, the number of people signing on is up by 13% and the CSO says the standardised unemployment rate in April stood at 13.4%, up 0.3% on the last quarter of 2009.

Meanwhile the volume of retail sales (excluding price effects) increased by 3.6% in March 2010 compared to March 2009. There was a monthly increase of 2.6% from February.

The volume of retail sales decreased by 1.2% in March 2010 compared to March 2009 however. The monthly change excluding motors was +0.6%.

The value of retail sales decreased by 1.6% in March 2010 compared to March 2009 and there was a monthly increase of 2.2%. However, if Motor Trades are excluded, the annual decrease was 5.3% and the monthly change was +0.7%.

Provisional estimates are now available for the first quarter of 2010 and these figures show the volume of retail sales increased 1.1% year on year and the value of retail sales declined by 3.6% year on year.


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