Re-employment Probabilities for Unemployed Workers in Ireland

Thomas Conefrey, Yvonne McCarthy and Martina Sherman
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Martina Sherman: Central Bank of Ireland

No 06/EL/13, Economic Letters from Central Bank of Ireland

Abstract: Using data from the Quarterly National Household Survey, we analyse the determinants of re-employment prob- abilities among Irish workers from 2000-2012. We nd that an individual's probability of exiting unemployment diminishes with the length of stay in unemployment and age. The likelihood of exiting unemployment is lower for unemployed workers with the lowest levels of educational attainment while economic activity also impacts transitions out of unemployment. The results may be informative to policy makers tasked with designing appropriate labour market activation measures to reduce unemployment.

Date: 2013-11
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