Another drop in Live Register numbers, unemployment at 12.3 per cent

Some good news for the Government this morning.

THERE WAS A further drop in the number of people on the Live Register last month, according to the latest figures from the CSO.

Seasonally adjusted findings show there was a was a 2,300 decrease in January.

In unadjusted terms, there were 399,630 people signing on — that’s down 29,766 on the same month last year.

The standardised unemployment rate (SUR) in January was 12.3 per cent, down from 12.4 per cent in December 2013.

The ‘Live Register’ includes seasonal and part-time workers, and is not designed to measure unemployment.

The official unemployment rate is measured by the Quarterly National Household Survey, last carried out in the third quarter of 2013, when the rate was 12.8 per cent. (More here).

Read: Good news: Companies in Ireland feel like hiring again

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