Jobs growth outpaces eurozone

JOBS growth in Ireland continues to outpace every other country in the eurozone. The latest Bank of Ireland Business Banking Job Index shows job advertisements grew by 7% last month.

Employment growth remains limited in the euro area, where the unemployment rate has been anchored around 9%. In contrast Ireland's rate has fallen from 4.8% a year ago to 4.3%.

Bank of Ireland chief economist Dan McLaughlin pointed out that Irish unemployment, as captured in the live register, peaked a year ago and has fallen steadily since, implying strong employment growth.