Share

NERI Blog

QEO - The Implications of a Hard BREXIT for Northern Ireland

Posted on December 06, 2016 by Paul Mac Flynn

Brexit image
The Winter 2016 Quarterly Economic Observer was released this morning and it provides the NERI's analysis recent economic trends and the outlook for both Northern Ireland and the Republic of Ireland. We highlight the signs of decelerating growth in the Republic along with concerns about recent budgetary measures particularly in the housing sector. For Northern Ireland, the relative stability of …

Posted in: JobsNorthern Ireland

Some dirty secrets about income and earnings

Posted on December 02, 2016 by Tom Healy

Tom Healy, Director NERI
The Irish labour market is full of interesting things. What you see and hear on a daily basis is roughly in the following order of coverage starting with the most talked about: Public sector pay issues and associated matters. Number One. Public-private sector pay differences (always the number one item of news and interest when wage statistics are updated). Remuneration and associated pension …

Measuring what matters: Alternative measures of progress for Northern Ireland

Posted on December 01, 2016 by Lisa Wilson

Measuring tape
What is the yardstick by which the progress of countries and societies ought to be measured and judged? This is the question which, for some years now, has acted as the lynchpin behind the many conversations taking place across the globe concerned with whether or not we are measuring what really matters for our people, our economies, our societies or our environment. While it might come across as …

Posted in: Northern Ireland

Private Sector Wages

Posted on November 29, 2016 by Tom McDonnell

Collective Bargaining
The Republic of Ireland's economy has been on a strengthening arc for the last four years with a narrowing output gap and GDP growth expected to exceed 4% in 2016. The unemployment rate fell to 7.3% in November which is is less than half of the great recession nadir of over 15%. Total employment is still down 125,000 compared to 2007 but has increased steadily since early 2012 with almost 200,000 …

Posted in: Labour costsWages

We need to talk about wages

Posted on November 25, 2016 by Tom Healy

Tom Healy, Director NERI
Did you know that wages – as measured by real average weekly earnings – have not increased since 2008 in the Republic of Ireland ?  Never mind the Great Leap forward in GDP last year or the rapid and very welcome growth in employment (continuing to run at an annualised rate of close to 3%).   A release of data on wages is not accompanied by a media one-day major focus such as happens in …

Autumn Statement 2016

Posted on November 23, 2016 by Paul Mac Flynn

The Autumn Statement delivered by the new chancellor of the Exchequer Philip Hammond is the first substantial financial statement made by the government since the BREXIT referendum result in June. Naturally the referendum and its consequences featured heavily in the announcements, but it is still clearly too early to make any definitive forecasts for the longer term. The Office for Budget …

Posted in: Government SpendingLiving wageNorthern Ireland Wages

A new world is emerging

Posted on November 18, 2016 by Tom Healy

Tom Healy, Director NERI
What a year it has been so far.   The phrase used by the exiting Margaret Thatcher in 1990, ‘It’s a funny old world’, springs to mind in considering the fall-out from a referendum in the UK and a presidential election in the USA. However, the matter is far from funny. The immediate causes and impacts will be debated for years. The elections of Margaret Thatcher in 1979 and Ronald Reagan …

A note on the role of multinational companies in the Food Manufacture sector in the Republic of Ireland.

Posted on November 10, 2016 by Tom Healy

Tom Healy, Director NERI
In an earlier post I contrasted some measures of productivity in food manufacture [A Tale of Two Cities]. The Republic of Ireland stands out as having the highest gross value added per employee in 2012 amongst EU Member States.  Clearly something is odd with this.  The clue lies in a further distinction within this sector between home-owned enterprises and foreign-owned enterprises. In 2012 …

External shocks - change the detail but no need to rewrite the productivity playbook

Posted on November 04, 2016 by Tom McDonnell

TTIP
The vulnerability of the Republic of Ireland economy to external shifts and shocks was brought home in 2016 in at least two ways. While the potential Brexit from the European Union (EU) has unclear political implications, it has almost certainly negative economic implications. At the same time, the opening shots of an international or at least EU clamp down on aggressive tax avoidance has exposed …

Posted in: Government SpendingInvestmentMacroeconomics

Northern Ireland and the Living Wage in 2016

Posted on November 04, 2016 by Paul Mac Flynn

Last week the 2016 Annual Survey of Hours and Earnings for Northern Ireland was released and some interesting results emerged. The largest increase in wages was bottom 10% of employees reflecting a welcome boost from the introduction of the National Living Wage. However, the National Living Wage should also not be confused with the real Living Wage, for which the latest rate was announced last …

Posted in: Living wageNorthern Ireland Wages

< Prev 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 ...
(397 blog posts)

Digital Revolutionaries