The number of people on the Live Register in Fermoy has fallen by over 12.5% in the last 12 months to August the latest CSO figures show, as unemployment nationally has fallen to a new post-crash low of 7.9%.
Despite fluctuations throughout 2016, there has been a steady decrease in the number of unemployed people across the Avondhu region in the last year.
For those under 25 years, there has been a 28% drop in the number signing on over the last 12 months, while there has been a 10% drop in Live Register numbers for those 25 and over during the same time.
The number of males on the Live Register in Fermoy decreased by 16%, while the figure was 8%% for females on the Live Register.
Nationally, the unemployment rate for men stood at 9.2% in September, down from 10.6% in September 2015, while the jobless rate for females was 6.4%, down from 7.3% in September 2015. Youth unemployment is down from 17% to 15.9% in the last year. In total, the number of people unemployed nationally stands at 172,900.
In contrast to 2016, Ireland’s unemployment rate in December 1985 was 17.3%, while the record low came in December 2000 with an unemployment rate of just 3.7%.
