Menu
05/01/2006
Service sector employment accelerates
The latest figures from NCB for the Republic of Ireland's economy indicate that the services sector continued to expand in December and that confidence about future activity levels in the sector has risen.
At 61.1 in December The Business Activity Index was well above the no-change 50 marker level, which although down on the November level of 62.1 indicates continued expansion in the sector.
Firms in the service sector reported increased hiring to cater for demand which pushed the index for employment up slightly to reach 56.4.
While companies reported a rise in costs, which were attributed to increased salaries, the input price inflation had fallen for the third month in a row.
Commenting on the report NCB Economist Dermot O'Brien said: "The pace of expansion in the Irish private services sector remains very robust. New business is growing strongly, confidence is buoyant and employment growth continues to accelerate."
NCB figures for the manufacturing sector remained encouraging, although there was a slight fall in the pace of growth, employment levels increased marginally.
The manufacturing sector index was 53.4 a slight drop from 53.7, but still indicated positive growth in the sector, which has seen sharp rise in costs. December saw the highest cost rise in a year. This was attributed to increased fuel costs.
(SP)
At 61.1 in December The Business Activity Index was well above the no-change 50 marker level, which although down on the November level of 62.1 indicates continued expansion in the sector.
Firms in the service sector reported increased hiring to cater for demand which pushed the index for employment up slightly to reach 56.4.
While companies reported a rise in costs, which were attributed to increased salaries, the input price inflation had fallen for the third month in a row.
Commenting on the report NCB Economist Dermot O'Brien said: "The pace of expansion in the Irish private services sector remains very robust. New business is growing strongly, confidence is buoyant and employment growth continues to accelerate."
NCB figures for the manufacturing sector remained encouraging, although there was a slight fall in the pace of growth, employment levels increased marginally.
The manufacturing sector index was 53.4 a slight drop from 53.7, but still indicated positive growth in the sector, which has seen sharp rise in costs. December saw the highest cost rise in a year. This was attributed to increased fuel costs.
(SP)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
22 July 2010
ERSI Warns Over Public Sector Jobs
A major economic research institute has warned that some 40,000 public sector jobs could go if Ireland's recovery is hindered.
ERSI Warns Over Public Sector Jobs
A major economic research institute has warned that some 40,000 public sector jobs could go if Ireland's recovery is hindered.
22 August 2002
Venture Funds help Irish employment levels
Tánaiste and Minister for Enterprise Trade and Employment, Mary Harney, recently announced that total investment made in 2001 by the Enterprise Ireland partnership funds with the private sector amounted to almost €28.5 million.
Venture Funds help Irish employment levels
Tánaiste and Minister for Enterprise Trade and Employment, Mary Harney, recently announced that total investment made in 2001 by the Enterprise Ireland partnership funds with the private sector amounted to almost €28.5 million.
06 October 2009
Gilmore Calls On Workers To Unite
The leader of the Irish Labour party has called on Ireland's workers to "unite" during his address to one of the State's largest unions. Speaking at the Siptu biennial delegate conference in Tralee, Co Kerry, Labour leader Eamon Gilmore called on workers to unite against those "who only want to sow division".
Gilmore Calls On Workers To Unite
The leader of the Irish Labour party has called on Ireland's workers to "unite" during his address to one of the State's largest unions. Speaking at the Siptu biennial delegate conference in Tralee, Co Kerry, Labour leader Eamon Gilmore called on workers to unite against those "who only want to sow division".
16 January 2009
Kostal Announces 300 Redundancies
German-owned car components manufacturer Kostal have told workers they are seeking 300 voluntary redundancies. Of the company's 1,000 strong Irish workforce, management are seeking 200 at its Abbeyfeale plant and 100 at the Co Limerick in Mallow, Co Cork.
Kostal Announces 300 Redundancies
German-owned car components manufacturer Kostal have told workers they are seeking 300 voluntary redundancies. Of the company's 1,000 strong Irish workforce, management are seeking 200 at its Abbeyfeale plant and 100 at the Co Limerick in Mallow, Co Cork.
21 March 2007
Minister Killeen Launches ESRI Surveys On Workplace Bullying
Mr Tony Killeen, Minister for Labour Affairs has published the results of two national surveys relating to workplace bullying, one of workers, ie, individuals at work including employees and self employed who have experienced workplace bullying, and, the other of employers in both the public and private sectors.
Minister Killeen Launches ESRI Surveys On Workplace Bullying
Mr Tony Killeen, Minister for Labour Affairs has published the results of two national surveys relating to workplace bullying, one of workers, ie, individuals at work including employees and self employed who have experienced workplace bullying, and, the other of employers in both the public and private sectors.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
