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The number of people on the live register in the Fermoy area has fallen over 15 per cent in the last 12 months, although the number of unemployed people signing on still exceeds 2,000.
From 2,417 in October 2013 to 2,045 currently, this is the lowest figure recorded by the Central Statistics Office since February 2009. Unemployment reached almost 3,000 in the Fermoy area during the height of the recession. The current figures represent 281 people under the age of 25, and 1,764 people over 25. 1,201 are male, with 844 females.
Minister Seán Sherlock has welcomed these latest Live Register figures, which show a reduction of 16.5 per cent for the wider North Cork area. Unemployment nationally has dropped to 11 per cent. He described these figures as a key blueprint to highlight the progress being made in growing the economy and reducing unemployment locally and nationally. However, Minister Sherlock warned that the work is not over yet.
“Any reduction in figures is to be welcomed but the work continues to get the country and this region back to work. In the first nine months of this year, over 100,000 people have left the live register to take up employment.
“Unemployment nationally is down from a crisis peak of 15.1 per cent to 11 per cent now, and critically, the pace of the reduction is accelerating. The Government, as evidenced from the Tánaiste’s comments and determination, is now moving to ensure that the unemployment rate gets below 10 per cent.”
Long-term unemployment has fallen to 170,892 nationally, a reduction of 11,509, or 6.3 per cent year-on-year. Minister Sherlock also moved to assure jobseekers in the North Cork area who are looking to take up temporary work over the seasonal period, that they can have their Jobseeker’s repayment reinstated without delay when they finish work.
“If someone on Jobseekers’s Benefit or Jobseeker’s Allowance takes up temporary work or avails of a short-term training course for up to eight weeks, the Department will temporarily suspend their claim so that it can be reinstated without delay when the work or training is finished,” added Minister Sherlock.
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