Figures for Ardee’s Live Register remains at it’s lowest point since November 2008 after a 2% month-on-month decrease on the number of people signing from January to February.
In February, 1,294 people signed on at the Ardee Social Welfare office representing a sixth decrease in seven months. That figure is 26 people fewer signing on than in the first month of 2017. The number of people signing on in February also represents an 18% decrease on February 2016.
At the height of the recession, 2,645 people were signing on to receive benefits of some sort in August 2010. The new tally represents a 51% drop since that time. 1,351 less people are signing on monthly now than six-and-a-half years ago.
The figures are released monthly from the Central Statistics Office. There is still some way to go until the number of people signing onto the live register reaches pre-financial crisis levels. Between March 2003 – the point at which the CSO figure begin – and February 2008, the number never reached four figures.
The drop – over the course of the last year and in general since the recession high of will owe in some part to emigration and people moving to larger towns and cities such as Dublin and Belfast for work. The Live Register is not just a means of measuring unemployment. It’s figures include part-time workers who work three days-a-week or less, and casual and seasonal workers.
Across Louth, 10,831 people signed on in February which was down 15% on the tally that were on the register twelve months earlier.