Unemployment passes key milestone and drops below 8% - Varadkar
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
Minister for Social Protection Leo Varadkar has welcomed new CSO figures showing that unemployment has fallen from a peak of 15% in 2011 to 7.9%.
Minister Varadkar said:
“For the first time in eight years, there are more than two million people at work. This year, we will exceed our target of moving 20,000 people from long-term unemployment to work."
“Essentially, unemployment and long-term employment has fallen to almost half what it was at the depths of the recession, but I want to get it down even further. My target is to bring unemployment down to between 5% and 6% and long-term unemployment to 2.5%, matching the performance of the most successful tier of countries in Europe. I want to move 100,000 people from welfare to work over the next five years."
“But as unemployment falls, it gets harder to bring it down further. We cannot afford to be complacent about the progress made to date, so we need to intensify our efforts."
This includes:
ENDS