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Statutory Redundancies.

Dáil Éireann Debate, Wednesday - 24 September 2008

Wednesday, 24 September 2008

Questions (59)

Joe Costello

Question:

146 Deputy Joe Costello asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of redundancies notified to her Department during 2007; the number notified to date in 2008; the way this compares with the same period in each year from 2002 to 2007; her views on the rapid increase in the number of redundancies; and if she will make a statement on the matter. [30913/08]

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Written answers

The table of figures below shows the actual number of employees who were paid statutory redundancy lump sums on a year by year basis from January 2002 to end August 2008. This does not reflect those who lost their jobs having less than two years service in an employment as this does not qualify for payment under the Redundancy Acts.

My Department carried out an analysis last year in which the average annual level of redundancies for the period 2002-2006 was compared with the level of redundancies in the period 1995-2001. It was found that the level of redundancy had almost doubled and the cause may be attributed to two factors:

Firstly, there were more people at work in the more recent period; this accounted for 20% of the increase in the level of redundancies.

Secondly, the risk of redundancy increased significantly in the second period and this accounted for 80% of the increase in the level of redundancy.

Actual Redundancies 2002-2008

Year

2002

2003

2004

2005

2006

2007

2008

Actual

24,432

25,769

25,041

23,156

23,684

25,459

23,545

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