17,000 extra workers signed on dole last month

The number of people signing on the Live Register increased sharply again last month, according to figures disclosed by the Taoiseach this morning.

Brian Cowen told the Dáil that almost 17,000 more workers joined the register in March, bringing the total figure to 371,000.

This leaves the standardised unemployment rate at almost 11%.

Last month's increase is less than the 26,500 additional people who joined the Live Register in March.

Mr Cowen has already predicted that total number on the register could reach 450,000 by the end of the year.

Employers' body IBEC said there was 'no comfort' in the deceleration in the increase in the numbers joining the live register

Commenting on the figures, IBEC Chief Economist David Croughan said the increase "was not unexpected given the continuing fallout from the construction sector, the weakness of domestic demand and the difficult trading conditions being experienced by business.

Figures from the Department of Enterprise, Trade and Employment issued today also confirmed that there have been 20,798 redundancies to date this year, up from 7,913 on the corresponding period in 2008, an increase of 163%.

ISME, the Irish Small & Medium Enterprises Association, described the figures as 'devastating'.

“The major concern is that the number of redundancies continues to increase on a monthly basis. At present there are nearly 350 individuals being made redundant daily," ISME Chief Executive Mark Fielding said.

"If the trend continues, we could potentially be looking at 100,000 additional redundancies in 2009, over twice the rate in 2008."

More on this topic

Budget measure forces just five tax exiles to payBudget measure forces just five tax exiles to pay

Exchequer figures show €18.7bn budget deficit

Emergency Budget measures come into effect

Varadkar: Mortgage relief controversy shows Cabinet incompetenceVaradkar: Mortgage relief controversy shows Cabinet incompetence


More in this Section

Deal creating EU border in Irish Sea closerDeal creating EU border in Irish Sea closer

The key players in the UK’s hunt for a Brexit dealThe key players in the UK’s hunt for a Brexit deal

Talk of Northern Ireland-only backstop off the mark – Arlene FosterTalk of Northern Ireland-only backstop off the mark – Arlene Foster

Limerick IT and Athlone IT forming consortium to develop Technological UniversityLimerick IT and Athlone IT forming consortium to develop Technological University


Lifestyle

Munster offers so many hidden gems with bargains, ideas and must-have products for the interiors enthusiast who is always on the lookout for something new, writes Carol O’Callaghan.Made in Munster: So many treasure troves for the interiors enthusiast

Aileen Lee in conversation with ceramist Hedi O'Neill.Made in Munster: 'My advice? Be free in your style’ - Ceramist Hedi O'Neill

Red lips are hot for autumn but can you make them part of your everyday makeup? Rachel Marie Walsh thinks so.Code red: Making a statement with red lipstick for the everyday look

Welcome to the Autumn/Winter edition of ieStyle.Don't miss the Irish Examiner's free glossy 'ieStyle' magazine

More From The Irish Examiner