Jobless figures drop by 5,398 in Dublin in last 12 months

Jobless figures drop by 5,398 in Dublin in last 12 months – Farrell

Fine Gael Dublin Fingal TD, Alan Farrell, has today Wednesday welcomed the latest Live Register figures from the Central Statistics Office (CSO), which show that the number of people out of work in the Dublin area has dropped by 5,398 over the last 12 months.

“Internal breakdowns for Dublin North/Fingal indicate that Balbriggan has 397 less people on the unemployment line in 2013, an 8% improvement while Swords has 278 more at work, representing a 6% improvement on 2013.

“These are yet more encouraging figures from the Live Register, which show that the national unemployment rate has fallen for the 17th month in a row, to 12.5%. While this rate remains too high, these figures clearly show that the downward trend in unemployment figures is well established, as more and more people get back to work.

“Locally, the number of people on the Live Register across the Dublin area has fallen by 5,398 across the last 12 months. This is significant progress, and proof that the numerous measures being implemented in the Action Plan for Jobs, to support small businesses, attract foreign investment and boost indigenous investment, are working.

“Today’s results follow on from the very positive figures published last week, which show that an additional 58,000 people have joined the workforce over the last year. I would like to commend the Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, for his tireless efforts in reshaping our economy. During Fianna Fáil’s last three years in Government, 250,000 jobs were lost in the private sector. Now, about 1,200 jobs are being created every week.

“The pace of jobs growth is accelerating and unemployment is steadily falling. Furthermore, the numbers of long-term unemployed is also dropping. This is the result of schemes like JobsPlus, under which the Government pays one in every four euro it costs to employ a person who has been on the Live Register for more than 12 months. The Government is also spending more than €1 billion in the year ahead on education and training programmes to help people to upskill and retrain, so they are qualified for the new jobs being created in our reformed economy, which is based on innovation and enterprise.

“The unemployment rate is falling in every region across the country. This is testament to the fact that small businesses are getting back on their feet and once again creating jobs. Jobs growth has been particularly strong in the agriculture and tourism sectors over the last year; two key areas which the Government identified as having a high potential for growth. Initiatives such as the lower VAT rate and the scrapping of the air travel tax are directly translating into new jobs.

“Our unemployment rate is now at its lowest level in three and a half years. The Government is determined to build on this progress further in the year ahead, and an expanded suite of measures to boost jobs growth will be included in the Action Plan for Jobs 2014.”