• Home
    • About Us
  • Cluster Management
  • Enterprise
    • National Programmes
    • Creative Enterprise
    • Student Enterprise
  • Online Courses
    • Taking control – managing your business in COVID 19
    • Business beyond Covid 19 Business Continuity Strategy Development Programme
    • Finding potential marketing opportunities for your business
  • Services
    • Business Event Coordination
    • Business Support Programmes
    • Consultancy
    • Cluster Development & Management
    • Enterprise Business Supports
    • In house Mentoring
    • Mentoring
    • Network & Event Facilitation
    • Training & Courses
  • Contact
  • News
  • Cart
    Have questions?
    086 8561827
    info@smartmarketing.ie
    Smart Marketing
    • Home
      • About Us
    • Cluster Management
    • Enterprise
      • National Programmes
      • Creative Enterprise
      • Student Enterprise
    • Online Courses
      • Taking control – managing your business in COVID 19
      • Business beyond Covid 19 Business Continuity Strategy Development Programme
      • Finding potential marketing opportunities for your business
    • Services
      • Business Event Coordination
      • Business Support Programmes
      • Consultancy
      • Cluster Development & Management
      • Enterprise Business Supports
      • In house Mentoring
      • Mentoring
      • Network & Event Facilitation
      • Training & Courses
    • Contact
    • News
    • Cart

      Business

      State’s unemployment rate stays high at 21.9% in May

      • Categories Business
      • Date 23/06/2021
      (via Irish Times)
      Youth unemployment rate of 58.8% is one of highest on record
      The State’s Covid-adjusted unemployment rate fell marginally to 21.9 percent last month amid the partial lifting of public health restrictions. The latest figures from the Central Statistics Office (CSO) suggest that up to 487,122 people in the Irish economy were either out of work permanently or in receipt of the Government’s pandemic unemployment payment (PUP) in May. The youth unemployment rate was put at 58.8 per cent, one of the highest rates on record. The figures do not include the near 300,000 people benefiting from the Employment Wage Subsidy Scheme (EWSS), which are classified as employed. The headline unemployment numbers were published alongside the CSO’s latest Labour Force Survey, which showed employment in the Irish economy fell by 5 per cent – on an annual basis – to 2.23 million in the first quarter of 2021. This corresponded to an employment rate of almost 65.6 per cent for people aged between 15 and 64 years. The biggest annual decline in employment was in the “accommodation and food services” sector where employment fell by 43.6 per cent or 73,900. There were also big declines for “other services activities” which includes arts, sports, entertainment and cultural activities, where employment fall by almost 30 per cent to 34,700 and for “administration and support services” (-29.8 per cent or -33,300). The number of hours worked per week in the Irish economy fell by 7.6 million or 9.9 per cent in the first quarter reflecting the ongoing impact of Covid-19 on the labour market. The decline was due to the absences from work, which can be driven by temporary layoffs from work, family leave and holidays.
      Read More
      • Share:
      author avatar
      Theresa Mulvihill

      Previous post

      Brexit accelerates North-South trade as more firms use NI to move goods
      23/06/2021

      Next post

      Over 2,760 new cars registered in June
      01/07/2021

      You may also like

      Tourism faces tough five years, says Ryanair’s Michael O’Leary
      26 August, 2021

      Ryanair chief executive Michael O’Leary has warned the Irish aviation and tourism industries are facing “four to five years” of difficulties. He also said Ryanair is moving “10-20 per cent” of its Irish capacity to other European countries where aviation is …

      Client Spotlight: Engenuity Engineering
      23 August, 2021

      Engenuity Network is an initiative forming part of the Regional Action Plan for Jobs–Midlands, funded under the LEO Competitive Fund and delivered by the Westmeath, Offaly, Longford & Laois Local Enterprise Offices in association with other enterprise and innovation stakeholders. …

      Brexit fuels major pick-up in North-South trade
      16 August, 2021

      (See Original Article) The value of goods being imported from Northern Ireland to the Republic has jumped by 77 per cent since the UK left the European Union at the start of the year, while the value of exports from the Republic …

      Search

      Developing an effective business strategy

      Developing an effective business strategy

      €40.00
      Taking control – managing your business in COVID 19

      Taking control – managing your business in COVID 19

      €20.00
      Boosting Productivity

      Boosting Productivity

      €123.00
      086 8561827
      info@smartmarketing.ie
      Facebook-f Twitter Linkedin

      Company

      • About Us
      • Services
      • National Programmes
      • Contact
      Menu
      • About Us
      • Services
      • National Programmes
      • Contact

      Services

      • Training & Courses
      • Mentoring
      • Business Event Coordination
      • Business Support Programmes
      • Network & Event Facilitation
      • Cluster Development & Management
      • Enterprise Business Supports
      • In house Mentoring
      Menu
      • Training & Courses
      • Mentoring
      • Business Event Coordination
      • Business Support Programmes
      • Network & Event Facilitation
      • Cluster Development & Management
      • Enterprise Business Supports
      • In house Mentoring

      Online Services

      • One to One Consultation
      • Courses
        • Boosting Productivity
        • Developing an effective business strategy
        • Finding the right customer
        • Is my Idea a good one
        • Promotion on a tight budget
        • Sales strategies to increase sale
      Menu
      • One to One Consultation
      • Courses
        • Boosting Productivity
        • Developing an effective business strategy
        • Finding the right customer
        • Is my Idea a good one
        • Promotion on a tight budget
        • Sales strategies to increase sale

      © All rights reserved Smart Marketing Ltd

      Website Design ❤ by Agile Digital Strategy

      • Privacy
      • Terms
      • Courses
      This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
      Privacy & Cookies Policy

      Privacy Overview

      This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
      Necessary
      Always Enabled
      Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
      Non-necessary
      Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
      SAVE & ACCEPT