30/05/2013

Unemployment Rate Drops 13.7%

The Central Statistics Office (CSO) has announced the unemployment rate has dropped to 13.7%.

Senator Marie Maloney said: "Since entering government just over two years ago, Labour's number one priority has been to tackle the jobs crisis and get our people back to work.

"More than a quarter of a million people lost their jobs between 2008 and 2011 under the last Fianna Fail government. This high level of unemployment has had a devastating impact on families and communities across the country.

"Labour in government has been determined to tackle this problem head on. Under the Action Plan for Jobs, 250 actions were put in place to support local job creation and attract inward investment. There have been some earlier encouraging signs including the creation of 12,000 new jobs in 2012. Now news that the unemployment rate has decreased to 13.7% has confirmed this positive trend.

"There is clearly still a long road ahead. But the drop in the unemployment rate to under 14% announced today shows that progress is being made and the government is creating the right environment in terms of new jobs and business creation."

(CD/IT)

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