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Posts from "Rory O'Farrell"

Video and Images from first annual Donal Nevin Lecture - 2013

Posted on May 26, 2013 by Rory O'Farrell

Below is a selection of pictures and a video of the first annual Donal Nevin Lecture given by President Michael D. Higgins. A blog relating to the even can be read here.      

Public sector clerical workers paid below the OECD average

Posted on May 13, 2013 by Rory O'Farrell

OECD comparison of clerical worker pay
Comparing wages of public sector workers across countries poses many difficulties. Nevertheless the OECD publishes some useful information. In 2009 public sector clerical workers were paid below the OECD average. This is the latest available data (more timely data should be available in June). The OECD make adjustments for differences in working time and for the cost of living. Since 2009, due to …

Posted in: Government SpendingIncomeLabour costs

Ireland has the sixth lowest labour costs in Western Europe

Posted on April 17, 2013 by Rory O'Farrell

In the European Union Irish hourly labour costs (the average cost to an employer of hiring a person for an hour) are below those of Germany, Austria, Finland, Netherlands, France, Luxembourg, Belgium, Denmark and Sweden. This is accoring to the latest data from Eurostat, the European statistics agency. This is without making an allowance for the fact that living costs in Ireland are high. In a …

Has long-term unemployment turned the corner?

Posted on March 20, 2013 by Rory O'Farrell

long term unemployment
In the first quarter of last year long-term unemployment as a share of total employment peaked at 64% and is on a downward trend. The latest evidence from the Quarterly National Household Survey the number of long term unemployed fell by 19,600 (in Q4 2012 compared to Q4 2011). So has long-term unemployment turned the corner? Unfortunately the Quarterly National Household Survey also shows the …

Almost two-thirds of unemployed are long term unemployed

Posted on February 19, 2013 by Rory O'Farrell

long term unemployed
As total unemployment rates have increased across Europe the proportion of total unemployed who are long-term unemployed has increased especially since the first Quarter of 2009. The rate in the Republic of Ireland has risen sharply and overtook the EU 15 average in the last quarter of 2009. Currently, long-term unemployed account for over 60% of all unemployed in the Republic compared to just …

Will the IT sector reduce unemployment?

Posted on January 21, 2013 by Rory O'Farrell

Employment shows sectoral shift
In November, the CSO re-estimated historical estimates of employment. This has caused to seasonally adjusted peak to now be place in Q1 2008 rather than in 2007.   Fundamentally the picture remains the same. There has been a sectoral shift in employment with construction hit particularly badly. There has been an increase in employment (of about 6,300 people) in the Information and Communication …

Posted in: JobsMacroeconomics

Under-employment in the Republic of Ireland

Posted on November 13, 2012 by Rory O'Farrell

underemployment
Over one quarter of Irish workers are under-employed. Under-employment includes both those who are unemployed and part-time workers who wish to work more hours. It also includes 'marginally attached' workers such as those who have become discouraged and have given up searching for work, and those who are searching for work, but are not immediately available. As the under-employment measure …

Posted in: unemployment

Labour costs in accommodation and food sector below EU15 average

Posted on October 16, 2012 by Rory O'Farrell

accommodation and food labour costs
Labour costs in the accommodation and food sector are below the average of western European countries. Labour costs include wages, but also employers PRSI, which is far lower in Ireland than most western European countries.   In the latest edition of the NERI's Quarterly Economic Facts, indicator 3.1b details labour costs in the accommodation and food sector across western Europe. In Ireland it …

Posted in: Labour costs

Proportion that are long-term unemployed continues to increase

Posted on September 18, 2012 by Rory O'Farrell

long term unemployment
While in the rest of Europe the share of unemployed who have been searching for work for over a year is stabilising, in Ireland it continues to increase. As total unemployment rates have increased across Europe the proportion of total unemployed who are long-term unemployed has increased especially since the first Quarter of 2009. We highlight this data in the latest edition of the NERI's …

There are 28.3 unemployed people for every vacancy

Posted on July 30, 2012 by Rory O'Farrell

vacancy rate
In searching for solutions to the unemployment crisis, it can be tempting to look for cheap solutions to solve the problem. One idea is that if we cut social welfare, then the unemployed would have an incentive to look for work. As shown by indicator 2.6 of the Quarterly Economic Facts, Eurostat data shows otherwise. There are 28.3 unemployed people for every vacancy. The problem is not with the …

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