Number of people employed in Ireland grows 3.3%

Unemployment falls to 12.1%, close to European average

Number of people employed in Ireland grows 3.3%, unemployment falls to 12.1%, close to European average. Colm Keena Explains what this means.


Employment continued to grow through to the end of 2013, according to the latest Quarterly National Household Survey, one of the most reliable sets of early data about the economy.

The number of people employed grew by 61,000, or 3.3 per cent, in the year to the end of 2013, compared with an annual increase of 3.2 per cent to the end of the third quarter. It means the numbers in employment have been growing now for five straight quarters.

“We had assumed [employment]growth would slow down this year but there is no sign that it is slowing down,” said Prof John FitzGerald of the Economic and Social Research Institute, responding to the latest figures. He said the institute would now have to revise upwards its forecasts for economic and employment growth in the economy.

Total employment grew to 1.9 million at the fourth quarter. The numbers unemployed fell 41,400, or -14.1 per cent, bringing the total number of people unemployed to 253,200. The last quarter of last year was the sixth successive quarter where unemployment has declined on an annual basis. The unadjusted unemployment rate fell to 11.7 per cent, from 13.7 per cent, over the year to the fourth quarter.

The rate of long-term unemployment fell from 8.2 per cent to 7.2 per cent over the year to the fourth quarter, with the long-term unemployed accounting for 61.4 per cent of all unemployment in the quarter.

The total number of people in the labour force increased by 0.9 per cent over the year, while the number not in the labour force fell by 1.3 per cent.

The largest increases in employment were in; agriculture (+29.8 per cent); accommodation and food service (+14.7 per cent); and professional, scientific and technical activities (+12.7 per cent). The Central Statistics Office, which produces the quarterly figures, said the figures for agriculture are affected by changes in how it produces it data.

The sectors that recorded employment declines were: financial, insurance and real estate (-5.6 per cent); wholesale and retail trade; repair of motor vehicles and motorcycles (-1.1 per cent); public administration, defence and compulsory social security (-1 per cent); and information and communication (-0.8 per cent).

Sign In

Forgot Password?

Sign Up

The name that will appear beside your comments.

Have an account? Sign In

Forgot Password?

Please enter your email address so we can send you a link to reset your password.

Sign In or Sign Up

Thank you

You should receive instructions for resetting your password. When you have reset your password, you can Sign In.

Hello, .

Please choose a screen name. This name will appear beside any comments you post. Your screen name should follow the standards set out in our community standards.

Thank you for registering. Please check your email to verify your account.

Your Comments
We reserve the right to remove any content at any time from this Community, including without limitation if it violates the Community Standards. We ask that you report content that you in good faith believe violates the above rules by clicking the Flag link next to the offending comment or by filling out this form. New comments are only accepted for 3 days from the date of publication.