Will long-term unemployment linger like last time?
Rapid turnaround in labour market may not be enough for certain jobless categories
Dole queue outside Bishop Street in Dublin back in 2010. Unemployment has dropped from 15.2 per cent in January 2012 to just 6 per cent last month, its lowest rate in nine years. Photograph: Aidan Crawley
Another month, another fall in the State’s headline rate of unemployment. The almost unbroken sequence of employment growth since 2012 represents one of the swiftest turnarounds in contemporary economic history.