Numbers in employment in the South East is at highest level since end of 2008.
Unemployment has fallen and the number of people in employment in the south east has grown by 43,000 since 2012.
The latest quarterly CSO figures found that numbers in employment in the South East rose to their highest point since Ireland entered recession in late 2008.
By the third quarter of 2017, 227,800 in the South East were in employment, an increase of 43,000 workers from the region’s lowest figure in recent times recorded in Q1 2012. The region’s unemployment rate of 8% is also at its lowest since 2008, and is now 1.1% behind the State’s average unemployment rate.
This represents a significant decrease since Q1 2012 when unemployment in the region peaked at 20.8%. Welcoming the figures, Chairman of the South East Action Plan for Jobs, Mr Frank O’Regan, stated that “the employment growth in the South East is a positive sign that the economic recovery seen by the country is now reaching the South East. The increase in the size of the labour force is to be welcomed as is the narrowing of the unemployment percentage gap to the State’s average.
There is still a lot of work to do to get the region to full employment, to tackle youth unemployment, and to improve the job quality of those in employment in the South East, but these figures show that the hard work put in by the various stakeholders in the region has us moving in the right direction.”