New figures released this week reveal that the services industry has been worst hit by job losses this year, with construction and manufacturing workers also suffering severe cuts.
The Department of Enterprise Trade and Employment figures show that 54,887 people have lost their jobs so far this year compared with 23,402 during the same period in 2008. That’s an increase of 134.5% year-on-year. The services industry accounted for 18,974 of those redundancies, or 35% of the total jobs lost, followed by construction with 13,942 job losses (25%), and manufacturing with 10,510 job losses (19%). Dublin, with 40% of redundancies, was top in terms of the geographical distribution of jobs lost, followed by Cork, Limerick, Galway and Kildare. Around 68% of people who lost their jobs were men.
Unemployment figures released on the same day showed the total number of people signing on rose again in August to 440,056, or 12.4% of the Irish workforce.