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Pandemic Unemployment Payment Sees Further Fall In Numbers

There's been the largest drop in the number of people claiming the pandemic unemployment payment since it was established.

67,000 who were claiming the payment last week are now back to work.

More than 345,000 people will be get the pandemic unemployment payment today at a cost of more than 100 million euro to the state.

But that's significantly down on last week - with 67,300 fewer people seeking the PUP.

That's the largest decrease since the payment was set up.

Social Protection Minister Heather Humphreys has said it's welcome news.

Minister Humphreys is also bringing a memo to cabinet this afternoon that will address a hole in the legislation that meant anyone on the payment was not building up PRSI contributions.

This could have impacted their entitlements to maternity, paternity and illness payments as well as their pensions.

Legislation is being drafted to ensure all people on COVID support payments will continue to accrue social insurance contributions

Meanwhile 45 per cent of people aged between 15 and 24 got some form of unemployment assistance in June.

These new figures, released by the Central Statistics Office, show the impact Covid-19 continues to have on the labour market.

Including the Pandemic Unemployment Payment, 22 per cent of men and 23.5 per cent of women received unemployment assistance in June.

That gives an average of 22.5 per cent - which is down from just over 26 per cent in May.

The P-U-P is the 350 euro a week payment people get if they lost their job during the Covid-19 crisis.

This month, the unemployment rate was 45.4 per cent among adults aged 15 to 24, and 19.2 per cent among people over 25.

The CSO these stats upper limit of the true rate of unemployment as many of the job losses may be temporary.


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