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@ Paul Quigley
Page 14 of the live register link above shows the increase in live register activation schemes has increase by about 3250 since last year. Job Bridge and TUS account for almost all of this.
Many would already have gone before year end, as far as I can tell. I guess the stability in the overall Fin Services is due to foreign firms.
The intra year turn up in most of the private sectors is welcome. Long way to go though with a unemployment rate of 14%. I would like to see a further breakdown of employment to see what impact FDI is having. Ag is a bit of a surprise.
I suppose the collective wisdom of this blog will be
*the increase is an illusion
*it will inevitably peter out when every body else gets sacked
*the fall in unemployment is due to emigration
*if only there was more structural reform
*we need a massive fiscal stimulus with OPM
We are all doomed anyway.
The CSO say the big agricuture gain must be taken with caution as its prone to the census revisions that they will be applying to their estimations throughout 2013. Agriculture accounts for the majority of the gains in employment in Q4.
According to CSO stats from 2005 quoted in “Understanding contemporary Ireland” the total proportion of the workforce employed in the construction sector that year was 12.9%. I presume these people form a large chunk of the unemployed/emigrated given the strength of the Irish unemployment training system.