Menu
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)
Related Irish News Stories
Click here for the latest headlines.
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.
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.
30 November 2011
Slight Rise As Dole Queue Hits 14.5%
Hundreds more people are registered unemployed with news today that Central Statistics Office (CSO) data shows the number of people on the Live Register in November hit 448,600, a rise of 1,700. That means the unemployment rate in the Irish Republic rose slightly to 14.5% in November up from 14.4% in October.
Slight Rise As Dole Queue Hits 14.5%
Hundreds more people are registered unemployed with news today that Central Statistics Office (CSO) data shows the number of people on the Live Register in November hit 448,600, a rise of 1,700. That means the unemployment rate in the Irish Republic rose slightly to 14.5% in November up from 14.4% in October.
06 February 2009
Meath Sees Largest Jump In Benefit Claims
After the Ireland-wide growth of the live-register figures, it has been revealed that Co Meath has seen the largest proportional increase per county. The central statistics agency says the number of people signing on the dole in the county was up almost 18% in January.
Meath Sees Largest Jump In Benefit Claims
After the Ireland-wide growth of the live-register figures, it has been revealed that Co Meath has seen the largest proportional increase per county. The central statistics agency says the number of people signing on the dole in the county was up almost 18% in January.
-
Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
