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25/06/2009
Unemployment Hits 10.2%
The number of people on the Dole has surged sharply reaching its highest rate in the past ten years, according to the latest figures from the Central Statistics Office's.
The National Household Survey reported that unemployment has risen to 10.2%, the highest rate since 1997.
The news comes in a wake of other bad tidings for the Irish economy, with a report on Wednesday from the OECD predicting Irish markets would shrink by almost 10% this year, while the International Monetary Fund says the collapse of tax revenue could push the budget deficit up to 12%.
The IMF said today that Ireland's huge economic growth of recent years masked serious problems - including the fragility of the public finances. The organisation claimed generous rises in public sector wages pushed up wages elsewhere, making Ireland less competitive.
In the year to March there was a decrease of 158,500 jobs, which is equal to a 7.5% fall in employment.
The worst affected sector was the construction industry where the numbers employed fell by 28.6%.
Meanwhile, also today, confectionery company Cadbury has announced plans to cut up to 200 jobs at its plants in Coolock in Dublin and Rathmore, Co Kerry.
In a statement, the company said recent currency movements had added to the high cost of manufacturing in Ireland.
A spokesman said: "This loss of competitiveness has led to a decline in export demand."
(DW/BMcC)
The National Household Survey reported that unemployment has risen to 10.2%, the highest rate since 1997.
The news comes in a wake of other bad tidings for the Irish economy, with a report on Wednesday from the OECD predicting Irish markets would shrink by almost 10% this year, while the International Monetary Fund says the collapse of tax revenue could push the budget deficit up to 12%.
The IMF said today that Ireland's huge economic growth of recent years masked serious problems - including the fragility of the public finances. The organisation claimed generous rises in public sector wages pushed up wages elsewhere, making Ireland less competitive.
In the year to March there was a decrease of 158,500 jobs, which is equal to a 7.5% fall in employment.
The worst affected sector was the construction industry where the numbers employed fell by 28.6%.
Meanwhile, also today, confectionery company Cadbury has announced plans to cut up to 200 jobs at its plants in Coolock in Dublin and Rathmore, Co Kerry.
In a statement, the company said recent currency movements had added to the high cost of manufacturing in Ireland.
A spokesman said: "This loss of competitiveness has led to a decline in export demand."
(DW/BMcC)
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07 June 2013
Unemployment At Lowest In Four Years
New figures from the Central Statistics Office (CSO) show that unemployment is at its lowest rate in almost four years. The unemployment rate now stands at 13.7%, a 1.2% fall from last year. 421,737 people received unemployment benefit in May, a drop of 11, 263 for the same month last year.
Unemployment At Lowest In Four Years
New figures from the Central Statistics Office (CSO) show that unemployment is at its lowest rate in almost four years. The unemployment rate now stands at 13.7%, a 1.2% fall from last year. 421,737 people received unemployment benefit in May, a drop of 11, 263 for the same month last year.
14 March 2012
Cost Of Housing Now Biggest Expenditure
The cost of housing has replaced the cost of food as the biggest household expense. The average cost of housing has risen to €147.73 per week, compared with €94.57 per week in 2004/05. During the same period spending on food fell from €142 per week to €131.28.
Cost Of Housing Now Biggest Expenditure
The cost of housing has replaced the cost of food as the biggest household expense. The average cost of housing has risen to €147.73 per week, compared with €94.57 per week in 2004/05. During the same period spending on food fell from €142 per week to €131.28.
28 July 2011
'Hangover' Cannot Be Underestimated, Says Drinkaware
The effect of the 'Morning After' cannot be underestimated, says drinkaware.ie ahead of the August bank holiday weekend. The reality is that many people do not think about what they drank the night before when they get in the car the following morning. Fionnuala Sheehan, drinkaware.
'Hangover' Cannot Be Underestimated, Says Drinkaware
The effect of the 'Morning After' cannot be underestimated, says drinkaware.ie ahead of the August bank holiday weekend. The reality is that many people do not think about what they drank the night before when they get in the car the following morning. Fionnuala Sheehan, drinkaware.
13 December 2011
Trade Unions Demand Job Creation Move
A major investment and job creation programme is urgently required to combat rising unemployment, the Irish Congress of Trade Unions has said. The call on Monday for a new jobs plan came as official figures confirmed that the number of people at work continues to decline as unemployment increases.
Trade Unions Demand Job Creation Move
A major investment and job creation programme is urgently required to combat rising unemployment, the Irish Congress of Trade Unions has said. The call on Monday for a new jobs plan came as official figures confirmed that the number of people at work continues to decline as unemployment increases.
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Ireland WeatherToday:A mostly cloudy start with scattered showers, the showers becoming more isolated and largely confined to the south this morning. Becoming brighter this afternoon, the best of any sunnier spells across northern counties. Northerly winds easing. Maximum temperature 12 °C.Tonight:A dry evening with late sunny spells and some long clear spells overnight. Becoming cloudier across the north towards dawn with a few showers possible. Touch of frost in south. Minimum temperature 0 °C.
