Posts in the "Jobs" category

Investment is still the key

Posted on June 10, 2013 by Tom Healy

Tom Healy, Director NERI - Tom Healy, Director NERI
Tom Healy, Director NERI

Unemployment is the biggest single problem confronting Europe today. Ireland is no exception. With one in seven out of work, here, and one in four young people either out of work or not in education or training currently we are faced with a huge challenge. President Michael D. Higgins is correct to draw attention to the challenge that this problem poses to the future of European cooperation and social stability.

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Permanent link | Categories: Government SpendingInvestmentJobsMacroeconomics

Fiscal Stimulus, Unemployment and House Prices

Posted on May 16, 2013 by Micheál Collins

Publication cover - McQuinn_Kelly_NERI_2013 - Cover image for McQuinn_Kelly_NERI_2013
Cover image for McQuinn_Kelly_NERI_2013

The latest NERI seminar, from Kieran McQuinn and Robert Kelly of the Central Bank, examined the relationship between unemployment and house prices and used this relationship to examine the impact on banking defaults / mortgage defaults of economic growth. Modelling a fiscal stimulus of €2b, they estimated that bank defaults would decrease by about €660m; a saving to the state in either reduced future bank capital injections or refunds from current capital provisions. Combined with the ESRI estimated multiplier effect, where the cost to the economy of €2b stimulus is just under €1.3b, the research points towards the real cost of an investment stimulus in Ireland today. Ignoring that this investment would be in beneficial projects which would in any event pay for themselves over time (generally these are examined over a 20 year time period), the short term cost would be about €350m for every €1bn of stimulus.

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Permanent link | Categories: Government SpendingJobsMacroeconomics

Working and living below the poverty line: ‘The Working Poor’

Posted on May 08, 2013 by Micheál Collins

16% of the Irish population lives on an income which is less than the official poverty line - about €210 per adult per week. Given a population of approximately 4.58 million people this implies that almost 730,000 live at risk of poverty.

In the latest edition of the NERI's Quarterly Economic Facts document, indicator 5.3 examines the composition of those living below the poverty line in Ireland. Of all the workers in the Republic of Ireland, 6.5% are 'working poor'. When poverty among those aged 16 years and above is decomposed by principle economic status (the main thing that people do), those at work (the working poor) represent 14.2% of all those adults at risk of poverty.

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Permanent link | Categories: IncomeInequalityJobs

Labour Market Conference 2013

Posted on May 02, 2013 by Micheál Collins

On May 1st, the NERI hosted its inaugural Labour Market Confernece. Across the day, 15 papers were presented by researchers across the island on various labour market issues and policy topics. We have made most of the slides from the conference available on the NERI website here.

Permanent link | Categories: Jobs

Reforming Community Employment

Posted on April 29, 2013 by Micheál Collins

Five years into Ireland's unemployment crisis the nature of our policy response has been slow. In general attention has been focused on employment creation, a worthy and necessary goal, but with limited attention on the nature of the unemployment crisis and the likely long-term impediments to resolving it.

Issued this week is a new NERI Research inBrief which focuses on the role of active labour market policies (ALMPs) and in particular the role of the largest ALMP Community Employment (CE).

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Permanent link | Categories: Jobs

Is a ‘living wage’ such a mad idea?

Posted on February 12, 2013 by Micheál Collins

Over recent years I have been involved in publishing a number of research papers and reports on issues related to low income in Ireland (see a list here). Among these, work with the Vincentian Partnership for Social Justice focused on establishing the cost of a minimum essential standard of living in Ireland and subsequently estimating the income required to experience this. Outside Ireland, most particularly in the UK, research around minimum living standards has spawned further research into the concept of a living wage. Such a wage is taken to be an hourly wage rate sufficient to ensure that an employee earns enough to have a decent standard of living.

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Permanent link | Categories: GenderIncomeInequalityJobs

Will the IT sector reduce unemployment?

Posted on January 21, 2013 by Rory O'Farrell

Employment shows sectoral shift - Employment shows sectoral shift
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 sector, but the amount is too small to make a big dent in unemployment.


For more information see the latest edition of the NERI's Quarterly Economic Facts document. Indicator 1.2a shows the sectoral change in employment.

Permanent link | Categories: JobsMacroeconomics

One fifth of Workers are ‘low-paid’

Posted on January 02, 2013 by Micheál Collins

Eurostat, the EU Statistics Agency, recently released new data on the proportion of low-paid workers in Ireland and across the EU. Their analysis defines low-earnings in relative terms measured as those earning two thirds or less of the national median gross hourly earnings. Median earnings are the earnings of the middle worker in the distribution of workers from the lowest earner to the highest earner. The data is from the 2010 Structure of Earnings Survey, a survey that occurs every four years across the EU. Its key findings for Ireland are:

  • The low-wage threshold in 2010 was €12.20 per hour
  • 20.7% of Irish workers are considered low paid
  • Low pay is more common among women, those with low education levels and workers with fixed duration contracts.

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Permanent link | Categories: GenderIncomeInequalityJobs

The growth in part-time work

Posted on December 13, 2012 by Micheál Collins

In the current edition of Mandate's regular publication, Shopfloor, I have an article highlighting the growth in part-time work over recent years. In it I highlight some of the material from the recent NERI conference on the unemployment crisis. The key points are:

While the headline figures on job losses tend to receive a lot of attention (over 300,000 jobs have been lost since 2007), the growth in the number of workers who are working but on reduced hours has been significant.

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Permanent link | Categories: GenderIncomeInequalityJobs

Conference highlights Ireland’s Unemployment Crisis

Posted on November 13, 2012 by Micheál Collins

On November 12th the NERI hosted a conference focused on Ireland's unemployment crisis. Over a series of papers the nature of the current crisis and the possible solutions to the problem were examined. The papers and presentations for the conference are now available on the NERI website.

In my own paper, the following were the key points:

Overall Summary

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Permanent link | Categories: Government SpendingIncomeInvestmentJobsMacroeconomics

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