Advertisement
UK markets close in 2 hours 41 minutes
  • FTSE 100

    8,193.55
    +13.87 (+0.17%)
     
  • FTSE 250

    20,341.03
    +9.23 (+0.05%)
     
  • AIM

    765.57
    +1.10 (+0.14%)
     
  • GBP/EUR

    1.1817
    +0.0012 (+0.11%)
     
  • GBP/USD

    1.2646
    +0.0005 (+0.04%)
     
  • Bitcoin GBP

    48,578.40
    +246.86 (+0.51%)
     
  • CMC Crypto 200

    1,284.45
    +0.62 (+0.05%)
     
  • S&P 500

    5,482.87
    +4.97 (+0.09%)
     
  • DOW

    39,164.06
    +36.26 (+0.09%)
     
  • CRUDE OIL

    82.13
    +0.39 (+0.48%)
     
  • GOLD FUTURES

    2,348.20
    +11.60 (+0.50%)
     
  • NIKKEI 225

    39,583.08
    +241.54 (+0.61%)
     
  • HANG SENG

    17,718.61
    +2.14 (+0.01%)
     
  • DAX

    18,229.60
    +19.05 (+0.10%)
     
  • CAC 40

    7,467.82
    -62.90 (-0.84%)
     

Ireland sees first drop in COVID-19 jobless payment recipients

DUBLIN, May 11 (Reuters) - The number of people claiming emergency coronavirus-related unemployment payments in Ireland fell on a weekly basis for the first time on Monday, although a greater number of people signed up to a separate government wage-subsidy scheme.

The number of recipients of the higher, temporary payment introduced in March edged down to 589,000 from 598,000, an official from the prime minister's office told a news conference. When including these recipients, Ireland's unemployment rate hit a record 28.2% in April.

The adjusted unemployment rate does not include 456,200 people on the subsidy scheme for impacted companies, where the state agreed to pay 70% of wages up to a maximum of 410 euros a week until at least June. That was up from 427,400 a week ago as the economy prepares to gradually reopen from next week. (Reporting by Padraic Halpin; Editing by Hugh Lawson)