Long-term unemployment stable as a share of total unemployment
Posted on September 30, 2013 by Rory O'Farrell
The share of long-term unemployed in the Republic of Ireland, as a share of total unemployment, has remained stable. Over the past year unemployment has be trending downward due to a combination of job creation, migration, and statistical alterations made by the Central Statistics Office.
If the share of long-term unemployment were to increase at a time of decreasing unemployment it would suggest that the long-term unemployed are being left behind. However the stability shows that the long term unemployed are exiting unemployment at the same rate as others (though it is unclear whether they are generally taking up new jobs, exiting the labour force, or migrating).
More information on long-term unemployment can be found in indicator 2.3 of the latest Quarterly Economic Facts.