Menu
25/06/2009
Irish Unemployment Hits 10.2%
The number of people on the Dole in the Irish Republic 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)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
20 July 2012
Consultation On New Employment Programme Launched
Employment and Learning Minister Dr Stephen Farry today launched a public consultation on a proposed new employment programme for Northern Ireland. The new programme, which has been called provisionally Steps 2 Success (NI), will replace the Department’s main adult return to work provision, Steps to Work, which was introduced in September 2008.
Consultation On New Employment Programme Launched
Employment and Learning Minister Dr Stephen Farry today launched a public consultation on a proposed new employment programme for Northern Ireland. The new programme, which has been called provisionally Steps 2 Success (NI), will replace the Department’s main adult return to work provision, Steps to Work, which was introduced in September 2008.
24 May 2013
Three Irish Firms To Create Over 114 New Jobs
The Minister for Jobs, Enterprise and Innovation Richard Bruton TD has announced that three Irish firms will create more than 114 new jobs over the next three years in investments supported by the Department of Jobs through Enterprise Ireland.
Three Irish Firms To Create Over 114 New Jobs
The Minister for Jobs, Enterprise and Innovation Richard Bruton TD has announced that three Irish firms will create more than 114 new jobs over the next three years in investments supported by the Department of Jobs through Enterprise Ireland.
24 March 2009
Pharma Jobs Boost For Carlow
Around 60 new jobs are to be created in Carlow by the pharmaceutical facility, Merck Sharp & Dohme. The recession-beating jobs are the result of the construction of a new €20m vaccines and biologics facility in the town this year. The firm says 170 people will be employed when the facility opens in 2011.
Pharma Jobs Boost For Carlow
Around 60 new jobs are to be created in Carlow by the pharmaceutical facility, Merck Sharp & Dohme. The recession-beating jobs are the result of the construction of a new €20m vaccines and biologics facility in the town this year. The firm says 170 people will be employed when the facility opens in 2011.
29 September 2006
Busting The Myths About The New Age Regulations
With new laws coming into force this Sunday banning ageism in the workplace, the TUC has produced a ten-point online myth-buster in an attempt to debunk some of the myths surrounding the new age regulations.
Busting The Myths About The New Age Regulations
With new laws coming into force this Sunday banning ageism in the workplace, the TUC has produced a ten-point online myth-buster in an attempt to debunk some of the myths surrounding the new age regulations.
06 November 2012
1300 New Jobs To Be Created Over The Next Three Years
New research, conducted among microelectronics firms in Ireland, forecasts that 1300 new jobs will be generated in the sector over the next three years. The research also showed that there were currently over 50 open opportunities in the sector today in Ireland.
1300 New Jobs To Be Created Over The Next Three Years
New research, conducted among microelectronics firms in Ireland, forecasts that 1300 new jobs will be generated in the sector over the next three years. The research also showed that there were currently over 50 open opportunities in the sector today in Ireland.
-
Northern Ireland WeatherThis Evening and Tonight:Rain clearing away east by early evening with some clear spells but a few showers likely to affect the North coast and other areas towards dawn, remaining breezy and mild overnight. Minimum temperature 9 °C.
