Over 28 unemployed people for each vacancy in the Republic of Ireland
Posted on January 21, 2014 by Rory O'Farrell
In the second half of 2013 there were 28.5 people available for work for each vacancy. Though there are some shortages for specific skills (Forfás has recently released a report on the issue), the main cause of unemployment is not a lack of people willing to work, but simply a lack of jobs.
In contrast, in Germany there are only 2.4 unemployed persons per vacancy, showing that in Germany unemployment is mainly due to people being genuinely 'between jobs', which is normal in a health economy.
More information on vacancies can be seen in indicator 2.6 of the latest NERI Quaterly Economic Facts.