Financial

Unemployment Drops Below 10% For the First Time Since 2009.

Figures released by the Central Statistics Office today show unemployment dropping to 9.9% in the first quarter of 2015 – the first time the figure has fallen below ten per cent in seven years.  This shows an increase of 2.2% from last year, with a total of 12, 500 new jobs created in the first 3 months of this year.  The news is good all-around, as it shows an increase in full-time employment (3.6%) and decrease in part-time (2.4%).  “Every job created is a life back on track, a family improved, a community enhanced,” said Minister for Jobs Richard Burton.  This is the eleventh quarter in succession showing decline on an annual basis, according to the CSO.

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