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Corbyneconomics and Northern Ireland

Posted on September 12, 2015 by Tom Healy

Tom Healy, Director NERI
The election of a new leader to the UK Labour Party signals a potentially important milestone. Many see this development in extremely negative terms while others see it as a welcome break in thinking and policy not only in the UK but across Europe. Whatever readers may think of Corbyneconomics or Cobynpolitics at home or abroad the force of the ideas behind Corbyn needs to be understood and taken …

Posted in: Northern Ireland

Little point in many mothers returning to work

Posted on September 09, 2015 by Micheál Collins

It makes little financial sense for many Irish mothers to return to work – that’s the conclusion of a new EU research study looking at the realities of the back-to-work choice faced by women across EU member states. The study, by Olga Rastrigina and Alina Verashchagina, focuses on the financial gains for families where women return to work. It calculates the ‘Participation tax rate’ (PTR) …

Posted in: GenderInequalityJobsTaxation

Good news for a change - but now is the time to invest

Posted on September 04, 2015 by Tom Healy

Tom Healy, Director NERI
At the end of August the Central Statistics Office in the Republic of Ireland published three timely and telling statistical releases: the Earnings, Hours and Employment Costs Survey (EHECS), the Quarterly National Household Survey (QNHS) and the Annual Population and Migration Estimates.  QHNS provides data on the numbers in employment while EHECS provides data on earnings from employment by …

Recent changes in public sector employment in OECD countries

Posted on September 02, 2015 by Daragh McCarthy

Public sector employment
The scale of public sector employment varies considerably across developed economies; however, the vast majority of EU member states are in a process of reducing the size of central government employment—between 2008 and 2013, Sweden was the only EU country that increased the number of general government employees. Widespread reduction in public sector employment Countries most severely …

Posted in: Government SpendingJobs

Northern Ireland at a crossroads

Posted on August 29, 2015 by Tom Healy

Tom Healy, Director NERI
In recent weeks Northern Ireland has been more to the fore in the news in the Republic of Ireland, As a general rule you know that the economy and society of Northern Ireland are not in such bad shape when they seem to disappear from the news in southern Ireland. The troubles were a regular daily reporting item there throughout the 1970s and 1980s. A gradual breakout of peace and a rising …

New Research on Market Income and its Distribution

Posted on August 26, 2015 by Micheál Collins

The latest NERI Research inBrief examines the underlying distribution of market income in the Republic of Ireland. Market income captures the income received by employees as earnings, the profits of the self-employed and other ‘unearned’ income including rental income, private pension income, investment income and interest income. It is in effect the pre-distribution of income; that which …

Posted in: IncomeInequalityWages

How precarious is new work?

Posted on August 24, 2015 by Tom Healy

Tom Healy, Director NERI
Suppose you plan to take out a bank loan or mortgage … the first question you will be asked relates to your salary slip or income statement. But, what if you don’t know for sure what your income is next week let alone next year? Many self-employed workers find themselves in this situation. And, a growing number of employees are also living in situations of uncertainty and precariousness not …

Posted in: Jobs

Underemployment in Northern Ireland

Posted on August 19, 2015 by Paul Mac Flynn

Publication cover - Quarterly Economic Observer, Summer2015
In June of this year the Northern Ireland Statistics and Research Agency released a paper on the subject of underemploymentent in Northern Ireland. Underemploymnet has become a key policy issue of late due to improving conditions in the labour market. As the paper sets out, underemployment is defined as "A person who is in employment, working less than 48 hours per week, would like to work …

Posted in: JobsNorthern Ireland

UK 'Living Wage' move announced

Posted on August 14, 2015 by Tom Healy

Tom Healy, Director NERI
It is estimated that around 166,700 employees, or 23% of the total in Northern Ireland earned below £7.20 per hour in April 2014.  On the face of it, UK Chancellor, George Osborne's announcement that the UK minimum wage would rise to £7.20 by next year is good news for many of these workers. In the most recent UK budget the Government has committed itself to the gradual implementation of a …

Social and economic investment holds the key

Posted on August 06, 2015 by Tom Healy

Tom Healy, Director NERI
Spending on productive capacity includes not just ‘bricks and mortar’ but all those resources that give rise to socially useful results over time. Spend today and reap a return in the future: this is the logic of investment. It can cover investment in education and skills as well as investment in knowledge and, of course, machinery, building, lands and equipment.  Not all forms of investment …

Posted in: Government SpendingInvestmentJobs

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