Live reg­is­ter at low­est level since 2008

The Corkman - - NEWS - BILL BROWNE

FIG­URES for Au­gust re­leased by the Cen­tral Statis­tics Of­fice (CSO) have shown the num­ber of peo­ple on the Live Reg­is­ter across north and mid- Cork was at its low­est level in al­most a decade.

The CSO fig­ures re­vealed the to­tal num­ber of peo­ple ‘sign­ing on’ at the Mal­low, Fer­moy, Newmarket and Mac­room so­cial wel­fare of­fices dur­ing Au­gust stood at 4,653 – the low­est fig­ure for the month since 2008.

In Au­gust of that year the com­bined to­tal for the four of­fices stood at 4,564. How­ever, within 12-months that fig­ure had al­most dou­bled to 8,842, re­flect­ing the seis­mic changes that the wider Ir­ish econ­omy un­der­went fol­low­ing the col­lapse of the so-called ‘Celtic Tiger’.

Those re­ver­ber­a­tions con­tin­ued to be felt across the re­gion into 2010, with the com­bined to­tal for the four of­fices in Au­gust of that year stand­ing at a high of 10,008.

Within 12-months the first fee­ble shoots of a re­cov­ery be­gan to be felt, with the num­ber of peo­ple on the reg­is­ter at the end of Au­gust 2011 drop­ping slightly to 9,430.

Since then the fig­ure has con­tin­ued to drop with each pass­ing year, with the com­bined num­ber of peo­ple sign­ing on the Live Reg­is­ter in the four of­fices last month - drop­ping be­low the 5,000 mark for the first time since 2008.

As of Au­gust 31 the to­tal Live Reg­is­ter fig­ure for Mal­low stood at 1,495, Fer­moy 1,404, Newmarket 834 and Mac­room 920.

This rep­re­sents an over­all re­duc­tion across the four of­fices of 53.5% from the peak fig­ure in 2010.

The de­crease mir­rored the tend across Cork, with the num­ber of peo­ple on the Live Reg­is­ter across the county at the end of last month stand­ing at 24,124 – a re­duc­tion of 49.3% on the fig­ure for May 2010 of 47,681.

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.