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Sat 07 Jul 2008Fás predicts jobless rate will rise to 7% in 2009
JOB LOSSES in the construction sector are accelerating as building activity contracts sharply, data released by the Central Statistics Office (CSO) showed yesterday, writes David Labanyiand Laura Slattery.
CSO's construction employment index, which measures the number of staff in private construction firms with five or more employees, fell 14.8 per cent to 92.6 in the year to May, the lowest reading in eight years.
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