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Over thirty unemployed people for each vacancy

Blog
 July 
15,
 2013
Profile picture for user Rory O'Farrell
  By Rory O'Farrell

In 2012 there were 32.1 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 2.2 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 Quarterly Economic Facts.
 

Profile picture for user Rory O'Farrell

Rory O'Farrell

Dr Rory O’Farrell, former NERI Economist and is now lecturing in economics at Technology University Dublin.

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