Job cuts up by over 9% while number of jobs created falls

The results 'point to a more cautious hiring environment'

The total number of jobs created during the second quarter of this year stood at 172,643, a decrease of 0.8% while there were 88,935 job destructions, an increase of 9.4%. File photo

The number of jobs cut during the three months of April to June increased by over 9% compared to the same period last year while the number of jobs created declined marginally, new data from the Central Statistics Office (CSO) shows.

According to the latest labour market churn report, the total number of jobs created during the second quarter of this year stood at 172,643, a decrease of 0.8% year-on-year. In that same time, there were 88,935 job destructions, which was 9.4% more than the number recorded 12 months earlier.