A new economic analysis has revealed that Cork has enjoyed a stronger rebound in employment than the national average.
Speaking at an Economic Briefing in Cork yesterday, leading economist Seamus Coffey laid out the successes that the county has experienced in recent months. He analysed the economic trends in the Cork area using traffic volumes, employment, rents and the presence of multinationals.
He claims that the Cork city and county have seen a faster than average drop in numbers signing on the Live Register.
Research shows that employment nationally has grown 2.9% in the past 12 months, while the South-West Region (Cork and Kerry) has outstripped this at 3.3% with increased employment of alomost 10,000.
Furthermore, rents countrywide are up 9% in the last 12 months, while rents in Cork City have risen by 13.5% and 10% in the County.
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