Proportion that are long-term unemployed continues to increase
Posted on September 18, 2012 by Rory O'Farrell
While in the rest of Europe the share of unemployed who have been searching for work for over a year is stabilising, in Ireland it continues to increase.
As total unemployment rates have increased across Europe the proportion of total unemployed who are long-term unemployed has increased especially since the first Quarter of 2009. We highlight this data in the latest edition of the NERI's Quarterly Economic Facts, indicator 4.6a (p69-70). The rate in the Republic of Ireland overtook the EU 15 average in the last quarter of 2009. Currently, long-term unemployed account for almost 65% of all unemployed in the Republic compared to just under 30% in 2007.
This is particularly worrying as the overall numbers out of work continues to increase.