23/02/2010

Dole Queues Will 'Peak' In 2010

The State's unemployment rate will peak at about 13.5% later this year.

The Irish Republic's training agency FÁS has said the number of people in work this year is likely to fall by 87,000 compared with last year.

But, in its latest report on the jobs market, FÁS warns that this figure could rise if a hoped for pick-up in consumer spending does not materialise.

The agency says employment levels should stabilise from early 2011.

Meanwhile, it has emerged that almost 18% of entrants to the 'Live Register' (unemployed people) in the first quarter of last year were back in employment at the end June 2009.

The Central Statistics Office (CSO) - which is responsible for the collection, compilation, extraction and dissemination for statistical purposes of information relating to such data - said there were 155,215 entrants to the Live Register during the first quarter of 2009.

By mid-year (end June 2009), 59.1% of these were still on the Live Register and

17.6% were in employment.

A further 4.0% were receiving a Social Welfare illness payment and only 0.3% were drawing a state pension.

The status of the remaining 19.1% is not known – this group includes those who, by the end of June, had left Ireland or started self-employment or returned to education.

These details emerged from a new analysis of Live Register/employment flows, based on

records of the Department of Social and Family Affairs and the CSO.

(BMcC/GK)

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