The share of construction, trade and manufacturing in the labour force remained higher compared to the national average (Table 1). However, labour force participation rate at around 47 per cent in 2010–11 was lower than the labour participation rate of 53 per cent at the national level indicating higher level of unemployment in the State.
BIS Review 143/2007  3  This last point brings me to the challenges the euro and the euro area are facing with a view to the international role of the euro. It is important to understand that sustainable fiscal policies are a sine qua non for the success of EMU.