Specialist auto industry jobs website RecruitAuto.ie has welcomed the announcement by Minister Mitchell O’Connor that the annual unemployment rate has fallen from 8.4 per cent to 6.2 per cent in the past year (April 2016 to April 2017). The monthly unemployment rate now at 6.2 per cent.
The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD yesterday announced the monthly unemployment figures for April, as published by the Central Statistics Office. They showed that the official unemployment rate has fallen from 6.4 per cent in March to 6.2 per cent.in April and from 8.4pc in April 2016.
The statistics also show on a seasonally adjusted basis 4,800 fewer people were unemployed in April compared to March. Indeed, 47,300 fewer people were unemployed in April compared with twelve months earlier. Additionally, unemployment among people aged between 15-24 has fallen by 0.8% in a month but this area needs more Government job creation initiatives.
The CSO also released data on Foreign Direct Investment in Ireland in 2015 which shows that Ireland has become one of the most globalised countries in the world. We are going in the right direction to make full employment in Ireland a reality. As we know being able to earn a livelihood is all important, allowing people to take charge of their future, to make plans and to have hope and optimism. I would like everyone to have that opportunity for self-determination and fulfilment through employment.”