FÁS predicts unemployment could hit 8% next year

The Irish unemployment rate could hit 8% by the end of next year, according to the latest quarterly commentary from FÁS.

The State's training agency says it expects the number of people in full-time employment to fall by 3.8% in 2009, with almost one fifth of construction workers expected to lose their jobs.

FAS is also predicting that 27,000 people will emigrate during the year, many of them eastern Europeans who have moved to Ireland in recent years.

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