| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 European
 International
 
 Analysis/Comment

RSS FEED


How to use our RSS feed

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax - Income/Corporate

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : Irish Last Updated: Feb 3, 2010 - 5:21:45 AM


Official figures show 6,700 full-time workers were made redundant in January; Live Register expected to show rise of about 13,000
By Finfacts Team
Feb 3, 2010 - 5:15:09 AM

Email this article
 Printer friendly page

Official figures issued on Tuesday show that 6,700 full-time workers were made redundant in January. Meanwhile, the January Live Register figures will be published today and are expected to show a rise of about 13,000.

Figures issued by the Department of Enterprise, Trade and Employment show an increase of 62 per cent increase in redundancies on the December figures. A total of 6,699 full-time employees lost their jobs during the month, which is the equivalent of 319 job losses per working day.

The seasonally adjusted Live Register total increased from 423,400 in November to 426,700 in December 2009, an increase of 3,300, according to the CSO. In 2009 there was an unadjusted increase in the Live Register of 133,577(+46.1%). This compares with an increase of 119,642 (+70.2%) in 2008. The unemployment rate is set to peak in summer 2010.

The total fell 3,000 in October. and rose 900 in November.

In January 2009, the Live Register rose 33,000 -- the highest monthly rise -- and officially recorded redundancies were 6,566 in the same month.

The Live Register in December, included 75,000 casual and part-time workers.

“January 2010 redundancy figures show a complete absence of a government strategy to save small businesses and jobs,” commented Patricia Callan, Director of the Small Firms Association. “The Government has become complacent on the jobs front with the apparent stabilisation of the live register. However, the redundancy figures clearly show that small businesses have continued to haemorrhage jobs into 2010.”

“There is a clear need for the Government to now prioritise the restoration of cost competitiveness to the small business sector, which is the only way to sustain jobs.”

Related Articles


© Copyright 2009 by Finfacts.com

Top of Page

Irish
Latest Headlines
C&AG report highlights "shortcomings" in Irish Financial Regulator which contributed to banking crash
IBEC calls for reforms to transform Irish pubic service; What about its own credibility?
US economy is improving and Cowen claims €60 million worth of new export orders won during his St. Patrick's Day American trip
St. Patrick's Day March 17, 2010 - - tribute to the man who drove some of the snakes from Ireland!; The Spanish origins of the Irish
Irish Economy: IBEC says credibility of corrective action must go beyond the public sector finances
Innovation Ireland Taskforce's aspirational report; US banks / credit-card companies contribute most money for start-ups - - not venture capital companies
New head of financial regulation in Ireland outlines plans for more effective supervision
Taoiseach launches Innovation Ireland Taskforce report; Says important marketing message for Ministers to carry abroad for St. Patrick's Day
Irish deflation eased in February as consumer prices fell at an annual rate of 3.2%
Coughlan launches nine "transformational" Competence Centres for research and public investment of €56 million
Dempsey says Dublin Airport Authority can operate Dublin Airport's Terminal 2 - -T2 - - if it meets agreed benchmarks
IFSC accounts for €789.1 billion of €1.1 trillion of external Irish debt
Markets News Wednesday: Aer Lingus cuts 250 cabin crew jobs and pay 2 weeks redundancy per year of service; Tullow Oil reports a 93% drop in 2009 pre-tax profits
Glanbia reports 19% fall in 2009 pre-tax profits; Majority shareholder is interested in acquiring Glanbia's Irish dairy operations
Innovation Ireland Taskforce: Yet another 120,000 jobs plucked from the air by insiders?; In UK 2,900 high-tech companies in business since 1991 have only 40,000 jobs
Ryanair condemns Irish Government for losing "500 well paid engineering jobs for Ireland"; Genuine or another publicity stunt?
Aer Lingus reports revenue fall of 11% in 2009 and operating loss before exceptional items of €81.0m; Board to meet on restructuring plan
New Irish car sales in February rose strongly compared with lows of February 2009
Conditions at Irish construction firms worsened again in February; Pace of contraction was the weakest in twenty-seven months
An estimated 345,000 houses or 17% of the Irish housing stock is vacant