Eurostat figures show Irish unemployment among quickest to fall in EU

Unemployment in Ireland is falling faster than almost everywhere else in the EU.

Eurostat figures show Irish unemployment among quickest to fall in EU

Unemployment in Ireland is falling faster than almost everywhere else in the EU.

New figures from Eurostat show only two EU member states have seen larger falls in the number of people out of work between March 2013 and April 2014.

Ireland's unemployment rate stood at 11.9% at the end of April - down from 13.7% a year previously.

The largest decreases in the same period were registered in Hungary (10.6% to 7.8% between March 2013 and March 2014) and Portugal (17.3% to 14.6%).

That is compared to 11.7% in the Eurozone, and 10.4% in the entire EU.

However, unemployment among under-25s in Ireland stands at 24.3% - higher than the average in either the Eurozone or the EU as a whole.

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