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Employment at highest level in six years

Source: breakingnews.ie

The number of people in work is now at its highest level in six years.

According to the Central Statistics Office, the rate of unemployment has fallen from 10% to 9.6% in the second quarter.

It is the 12th quarter in a row in which the jobless rate has fallen - this time by 43,300 people. The biggest gains in employment in the past year came in the construction (+18.5%) and financial (+5.7%) sectors.

Only three sectors - accommodation and food service, education, and administration - fell since Q2 2014, and those only fell by marginal amounts.

The figures come from the Quarterly National Household Survey for the second quarter. Employment numbers increased by 57,100, putting a total of 1,958,700 in work.

The growth in employment rate was accompanied by an increase of 0.6% in the number of people in the labour force. On a seasonally-adjusted basis, employment was up 1% on the previous three months.