Minister Noonan welcomed today’s very positive QNHS figures which show that 95,000 jobs created since low point of crisis

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  • QHNS shows 95,000 jobs created from low point
  • Unemployment rate falls below 10%
  • On track for full employment by 2018

“Speaking at an investor event in London this morning (25 February), the Minister for Finance welcomed the continued evidence of strengthening in Ireland’s labour market dynamics.

Figures from today’s Quarterly National Household Survey release point to employment levels of 1.94 million, representing a cumulative increase of 95,000 jobs since the low- point of the crisis recorded in the third quarter of 2012. The (unadjusted) unemployment rate for the year has now fallen below 10% for the first time since 2008,  with employment gains now driven entirely by increases in full-time employment.

Figures support the accuracy of Budget day estimates for the labour market, and confirm that the government’s strategy to reach full-employment of some 2.1 million by 2018 remains firmly on track.”

Ends

25/2/2015

 

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