Dublin needs to find of 15,000 jobs a year

DUBLIN will need 15,000 jobs a year between now and the end the century to make any serious inroad into the capital's unemployment…

DUBLIN will need 15,000 jobs a year between now and the end the century to make any serious inroad into the capital's unemployment problem, according to a report compiled by Dublin Chamber of Commerce and the Dublin Business Innovation Centre.

According to Chamber president Mr John Donnelly, the report confirms a trend that indicates that Dublin has been performing poorly in terms of industrial investment and employment creation compared to the rest of the country.

If the number of people (32,000) participating in State funded schemes for the unemployed were included, Dublin's live register would be closer to 120,000 people equivalent to an unemployment rate of 28 per cent of the labour force," said Mr Donnelly.

The report concludes that, to hold Dublin's unemployment at its 1995 level and to absorb the natural increase in the labour force up to 2000, approximately 8,000 new jobs will be needed.

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"In addition, about 3,700 net new jobs a year would be required to accommodate people at present on State funded schemes," it says.