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<blockquote data-quote="Stacky" data-source="post: 6541995" data-attributes="member: 22688"><p>Unemployment rate falls below 5% for first time since crash</p><p>Ongoing strength of labour market reflected in latest jobless numbers</p><p>13 minutes ago Updated: 12 minutes ago</p><p>Eoin Burke-Kennedy</p><p> </p><p>The State’s unemployment rate has fallen below 5 per cent for first time since the crash reflecting the ongoing strength of the labour market.</p><p></p><p>The Central Statistics Office (CSO) said the seasonally adjusted unemployment rate for October was 4.8 per cent, down from 5.7 per cent a year ago.</p><p></p><p>The last time the jobless rate was below 5 per cent was in July 2007. The current rate is also 11 percentage points lower than the 16 per cent rate recorded at the peak of the financial crisis in 2012.</p><p></p><p>The seasonally adjusted number of persons unemployed was 117,300 in October 2019, representing annual decrease of 19,400, the CSO said.</p></blockquote><p></p>
[QUOTE="Stacky, post: 6541995, member: 22688"] Unemployment rate falls below 5% for first time since crash Ongoing strength of labour market reflected in latest jobless numbers 13 minutes ago Updated: 12 minutes ago Eoin Burke-Kennedy The State’s unemployment rate has fallen below 5 per cent for first time since the crash reflecting the ongoing strength of the labour market. The Central Statistics Office (CSO) said the seasonally adjusted unemployment rate for October was 4.8 per cent, down from 5.7 per cent a year ago. The last time the jobless rate was below 5 per cent was in July 2007. The current rate is also 11 percentage points lower than the 16 per cent rate recorded at the peak of the financial crisis in 2012. The seasonally adjusted number of persons unemployed was 117,300 in October 2019, representing annual decrease of 19,400, the CSO said. [/QUOTE]
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