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About LinkBacksThe latest ESRI report is indicating that Ireland will lose 1 in 6 jobs over the next couple of years. Indicating that the economy will lose 350k+ jobs in the economy through the recession.
http://www.irishtimes.com/newspaper/...245599909.html
The latest ESRI report is indicating that Ireland will lose 1 in 6 jobs over the next couple of years. Indicating that the economy will lose 350k+ jobs in the economy through the recession.
http://www.irishtimes.com/newspaper/...245599909.html
Last edited by kerrynorth; 29th April 2009 at 12:41 AM.
If that were true - 1 in 6 is actually something like 17% - then it would be utterly devstating for our society, and result in a great loss of wealth generation needed to finance public services. Very bad days ahead it seems.
RIRA not in my name-Traitors to Ireland MMcGuinness; People are entitled to cultural & social equality MLMcDonald; We have a length to go understanding unionism GAdams
http://www.politics.ie/current-affai...-tomorrow.html
Got in before you...but one way or another its not looking good!!!!
Behind every great man is a woman rolling her eyes.
Jim Carrey.
is that 1 in 6 of what's left? 16% of the 89% left or 16% in total?
Spidermom's thread was first. This should close.
17% of the 89%. Which means 25% unemployment - 1 in 4!!!
RIRA not in my name-Traitors to Ireland MMcGuinness; People are entitled to cultural & social equality MLMcDonald; We have a length to go understanding unionism GAdams
We had similar levels of unemployment in the early 90s.Originally Posted by factual
A demagogue is someone who will preach doctrines he knows to be untrue to men he knows to be idiots.
ARA...no bother...mine could end up being a discussion on the diversionary tactic of listening to spin 103.8 for the day!
Behind every great man is a woman rolling her eyes.
Jim Carrey.
We never has 25% ... which is what you get is16% of the 89% of people employed become ADDED to the current 11% of people who are unemployed.
25% (:
RIRA not in my name-Traitors to Ireland MMcGuinness; People are entitled to cultural & social equality MLMcDonald; We have a length to go understanding unionism GAdams
It'll most likely 17% rather than 25%.
The last time we had unemployment that high was in 1985, when our unemployment rate peaked at 17.3%.
Unemployment rates in Ireland were in double figures from 1982 to 1997 inclusive.
They began to fall dramatically in 1998 when they fell by 26.27% from 10.3% to 7.6%.
They fell significantly again in 1999 and 2000 and by a fair bit in 2001 (fell by 9.27% from 4.26% to 3.86% - lowest ever).
From 2002 to 2008 they either rose in most years or fell by smaller amounts.
The overall picture shows an economy that expanded employment dramatically in the late 1990s up until 2001.
Unemployment remained fairly steady from 2002 to 2007, the main period of our property bubble and over-reliance on construction, but rose quite steeply, although from a low base, in 2008 as the bubble burst.
Ireland Unemployment rate - Economy
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