Monday, May 25, 2015

Fall in unemployment rate

Press Statement
May 22nd 2015




Feighan welcomes fall in unemployment rate to below 10%

Roscommon/South Leitrim Fine Gael TD, Frank Feighan, has welcome confirmation from the CSO that the unemployment rate has fallen below 10% for the first time in 7 years. 
“This fall below the 10% figure is a significant milestone given that at the height of the recession, the unemployment figure stood at more than 15%.
“At the same time, we know some regions are growing faster than others and that is why this Government is putting in place the €250m Regional Action Plan for Jobs to accelerate jobs growth in every region. 

“By the second half of the year we will have specific Action Plans for each of the 8 regions, backed up by extra Government funding and coordinated by Enterprise Ireland and IDA Ireland. This will build on the strengths of each individual region and accelerate the jobs growth in each region.

“The priority now is to ensure that the economic recovery is felt in every corner of the country and positive change can be expected in all regions of the country over the coming months.
“I warmly welcome the news that unemployment level has fallen below 10% and I feel encouraged by the fact that our young people are getting back to work and that those who have been stuck in the welfare trap are entering the labour market.”

ENDS


Contact: Deputy Feighan, 086 833 1234.

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