Thursday, September 3, 2009

Debt Consolidation Ireland Unemployment rises to 12.4% in August

With unemployment continueing to rise, Debt Management has become a serios concern for many people. Debt Assist offers help to people who are in trouble with keeping up payments on their Mortgage, Credit Card & Personnal Loans. People who find themselves in arrears, Debt Assist can help. http://www.debtassist.ie/ or call 1890 87 67 27 for a free consultation.

There are now almost 200,000 more people on the Live Register than this time last year.

The Central Statistics Office said the number of people signing on last month was 440,056, an increase of 4,321 from July. This compares with a rise of more than 17,000 in July.

Adjusted for seasonal factors, the figure was 428,800, up 5,400 from July. July's rise was 10,500, while monthly increases of up to 33,000 were recorded earlier this year.

The unemployment rate rose again, from 12.2% in July to 12.4% in August.

The annual pace of growth also slowed - though the number of people on the dole is still almost 78% higher than in August last year.

With that many more people unemployed than this time last year, it can only be a bad sign for house prices and will force more & more people into negative equity. This now looks likely to strectch back even to homeowners who bought in 2003. This is a scary prospect for everyone, but Debt Assist can help we can significantly reduce your repayments and help you keep your home and car without the worry of debt collectors coming to your door. Check http://www.debtassist.ie/ to see what we can do for you.

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