REDUNDANCY IRELAND – Gloomy figures released with more bad news on horizon.
Wednesday, August 6th, 2008
2008 Update – 132 people losing job on a daily basis
20,392 employees have been made redundant over the fist seven moths of 2008. This equates to a 36% increase on the same period last year. DETE figures released do not make happy reading for the government or workers in Ireland. More worrying was the fact that 3,914 of the redundancies came in July which is further proof that the job market is in freefall.
What surprised me was the breakdown of these figures. Much spin has been put on the fact that the construction sector has created most redundancies but 6,531 females have been laid of which was higher than I expected. 13,861 men were affected by redundancy.
So where are the redundancy black-spots?
It is no surprise that Dublin has suffered the greatest with 7,500 of the redundancies falling in this region. This was followed by Cork with 1,853 redundancies and in excess of 1,000 in Galway and Limerick. Other counties with significant redundancies included Louth with 698, Waterford with 844 and Kildare with 940. Further north Monaghan has suffer 403 redundancies so far this year.
