Government Launch Economic Growth Plan

Unemployment in Ireland will not fall below 10% before 2018, the government's new economic plan has said.

The newly published Strategy for Growth has predicted an unemployment rate of 8.1% by the year 2020.

The document also lays out predictions for economic growth, saying that by next year it will reach 2%, then 2.3% in 2015 and 3.0% in 2020.

Described as a "roadmap for the Irish economy", the full document can be read online.


Related Irish News Stories
Click here for the latest headlines.

08 August 2014
Fine Gael Welcomes ESRI Report
The latest report from the Economic and Social Research Institute (ESRI) has been welcomed by Fine Gael. They have described it as a "testament to the policies implemented under the current Government.
08 April 2008
Bertie For President
Bertie Ahern has been mooted as one of a number of possible candidates for the new position of EU President. Hans-Gert Pottering, the current president of the European Parliament, was speaking after holding talks at government buildings yesterday on the forthcoming Lisbon Treaty referendum.
11 July 2013
Union Urges Govt To Increase Minimum Wage
Both the national minimum wage and social welfare payments should increase in the autumn budget, the Unite trade union has said. The union is calling on the government to make the increase in an effort to encourage spending.
23 September 2015
Govt To Invest €30m In Rural Towns And Villages
The Government is to invest €30m in rural towns and villages between 2016 – 2021, Ministers Alan Kelly and Ann Phelan announced on Tuesday.
08 June 2010
Employers Group Predicts Better Outlook
One of Ireland's leading employers groups has revised its growth predictions for this year and next year marginally upwards. The IBEC, which represents Irish business, today published its economic forecasts for 2010 and 2011 in its latest Quarterly Economic Trends revising its previous predictions for 2010 from -0.7% up to -0.