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Job Growth figures accelerate...

  • 09-06-2005 11:53am
    #1
    nesf
    Registered Users, Registered Users 2 Posts: 27,644 ✭✭✭✭


    From: RTE
    The number of people in employment grew by 72,400 in the twelve months to the end of March, according to new figures from the Central Statistics Office.

    This is the highest increase in employment since the end of the year 2000, and it brings the total number of jobs in Ireland to 1,908,300.
    The figures also show that unemployment fell by 1,500 in the 12 months until the end of March and that the number out of work now stands at 82,100. This is an unemployment rate of 4.2%.


Comments

  • #2
    seamus
    Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    Curious...does this mean that if we saw a similar growth in the next twelve months, then we'd pretty much have close to 100% employment?

    Clearly not. Vague figures tbh. How many of those jobs were given to graduates? How many were given to immigrants? Functionally, there's only been a small drop in unemployment, which is really the key figure.

    Although more people working means more tax, which is good.


  • #3
    nesf
    Registered Users, Registered Users 2 Posts: 27,644 ✭✭✭✭nesf


    seamus wrote:
    Clearly not. Vague figures tbh. How many of those jobs were given to graduates? How many were given to immigrants? Functionally, there's only been a small drop in unemployment, which is really the key figure.

    Agreed, I'm just throwing up the article for discussion. It's from RTE so it isn't going to be detailed tbh.


    There will always be a level of unemployment, the idea of "full employment" is a idealistic pipe dream. In any system there will be people "between jobs" and in any welfare system then there will be long term unemployed who don't feel any need to change and are happy the way they are.

    Personally I'm happy so long as the figure stays in the single digits.

    *looks over at Germany*


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