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Unemployment rate holds steady after a drop last month

The unemployment rate for November is unchanged from October, at 8.9%. The figures represent a dr...
Newstalk
Newstalk

12.35 1 Dec 2015


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Unemployment rate holds steady...

Unemployment rate holds steady after a drop last month

Newstalk
Newstalk

12.35 1 Dec 2015


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The unemployment rate for November is unchanged from October, at 8.9%.

The figures represent a drop from 10.4% in November of last year.

There were 191,700 people unemployed in November.

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Compared to November 2014, the decrease is 32,100.

Graph from the Central Statistics Office

The CSO graph above shows a steady decrease in the rate of unemployment here over the past three years.

Statisticians have highlighted the most important figures, noting that the monthly unemployment rate this month remained static at just under 9%. Significantly, the unemployment rate fell to below 9% for the first time since 2008 last month.

Meanwhile, new figures show unemployment in the Eurozone is at its lowest level for nearly four years.

10.7% of people in the 19 Eurozone countries are out a job.

The European Union's statistics agency says there are now 1.3 million fewer people out of work in the area than in October last year.


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