Posts in the "Jobs" category

Jobs, Wages, Homes

Posted on May 30, 2014 by Tom Healy

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

Following 6 years of declining or stagnant living standards many people are wondering what the future holds. The gathering crisis of accommodation and social housing has caught many by surprise. While there has been a welcome pick up in employment and a very modest fall in unemployment these changes are tentative and it remains to be seen how fast we can move towards single-digit unemployment figures. Under-employment, unemployment, precariousness and poor-quality work experience are widespread and they impact on young people in particular.

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Permanent link | Categories: Government SpendingInvestmentJobsTaxationWages

Employment creation slows to 1,700 as lone mothers left behind

Posted on May 26, 2014 by Rory O'Farrell

employment - Quarterly changes in employment (seasonally adjusted)
Quarterly changes in employment (seasonally adjusted)

In somewhat disappointing results (seasonally adjusted) employment grew by only 1,700 jobs in the first quarter of the year. In many ways 2013 can be seen as a blip in terms of job creation as various temporary factors (such as 'The Gathering', self-employed workers moving off Jobseekers Benefit payment, and a temporary bounce following the stabilisation of the economy) came together. That employment in the accommodation and food sector has remained stable can be viewed positively given the end of the boost received by 'The Gathering'.

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Permanent link | Categories: GenderJobsMacroeconomics

Irish underemployment over 20%

Posted on May 22, 2014 by Rory O'Farrell

underemployment - Underemployment over time (Republic of Ireland)
Underemployment over time (Republic of Ireland)

Despite improvements in the labour market Irish underemployment combined with unemployment is 22.3%. The underemployed figure includes those who are part-time unemployed and those who wish to work but are not actively seeking work. The underemployment rate has been falling more slowly than unemployment.

More information on underemployment can be found in indicator 2.5a of the Quarterly Economic Facts.

Permanent link | Categories: Jobs

Unemployment and the European Union

Posted on May 21, 2014 by Rory O'Farrell

Rory O'Farrell, NERI - Rory O'Farrell, NERI
Rory O'Farrell, NERI

In 2013, unemployment in Germany, at 5.3 per cent, was at its lowest level since reunification. In the same year, Spain’s unemployment rate, 26.4 per cent, was at its highest level since at least the 1960s, before which reliable statistics are more difficult to come by. Austrian unemployment is also low at 4.9 per cent, and though Ireland’s nearest neighbour, the UK, has unemployment of 7.6 per cent this is simply on a par with previous recessions, such as during the early to mid 1990s.

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Permanent link | Categories: JobsMacroeconomics

The lower paid

Posted on May 03, 2014 by Tom Healy

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

Eurostat – the official Statistical Agency of the European Union measures low pay as ‘those employees earning two thirds or less of the national median earning’. In 2010, at 20.7% Ireland (Republic) had the 10th highest rate of low pay as measured by Eurostat. By contrast, Sweden had a rate of 2.5% while Latvia had 27.8%. The EU27 average was 16.9%.  Who are the low paid and where are they in Ireland?  In our most recent Quarterly Economic Observer (Spring 2014) we have shown how low pay, in Northern Ireland, is concentrated in particular sectors (Hotels, Restaurants and Retail) and among particular groups (young, female, part-time). In the case of the Republic of Ireland the most recently available data on the distribution of hourly pay relates to the year 2009 as measured in the National Employment Survey.  Arising from a special request to the CSO special tabulations have been prepared. These indicate the following:

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Permanent link | Categories: JobsWages

Long-term unemployment stable as a share of total unemployment

Posted on April 30, 2014 by Rory O'Farrell

long term unemployment - Long-term Unemployment Trends (Republic of Ireland)
Long-term Unemployment Trends (Republic of Ireland)

Long-term unemployment has remained largely stable as a percentage of total unemployment over the past year. As total unemployment has been declining this means the number of long-term unemployed is also decreasing. As the proportion is largely stable it means that the long-term unemployed are not being left behind, nor are they in the vanguard of any recovery. Also, some long-term unemployed may leave unemployed status by moving into employment, retirement, education, or emigration (but the publicly available data does not allow one to show which reason is dominant).

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Permanent link | Categories: Jobs

On the Generosity of Ireland's Welfare System

Posted on April 23, 2014 by Micheál Collins

OECD Replacement Rates 2

Earlier this week, the OECD launched their preliminary review of the Government’s Action Plan for Jobs. The review rightly complements the significant labour market progress of recent years – a point we highlight in the most recent NERI Quarterly Economic Observer. There we anticipate unemployment will continue to fall reaching 10.2% by 2016.

Although the document itself (link below) does not point towards the Irish welfare system as being ‘generous’, some media reports have suggested it does. However, it is worth examining any such claim on the basis of the data available to us.

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Permanent link | Categories: IncomeJobsLabour costsWages

Funding Options for Higher Education

Posted on April 16, 2014 by Daragh McCarthy


The April NERI seminar took place this afternoon in the INTO Learning Centre. Tom Healy provided an overview of a recent paper, co authored with Austin Delaney, " We need to talk about Higher Education ". The paper argues the current model of funding for higher education is unsustainable. It outlines a range of financing options that could be utilised before concluding that a publicly funded system is the option that can best safeguard the contribution of Higher Education to economic development. A copy of the slides used in the presentation are available here.

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Permanent link | Categories: InvestmentJobs

Mixed signals from the NI Labour Market

Posted on April 16, 2014 by Paul Mac Flynn

As with buses, in Northern Ireland you wait and wait for economic statistics and then two come at once. Today the figures for the Northern Ireland Composite Economic Index were released. The NICEI is the latest attempt by statisticians to come up with a figure for economic growth in Northern Ireland. Today we learnt that in the final quarter of 2013 growth was +0.6%, marginally below the +0.7% recorded for the UK for the same period. The main increase came from the services sector, while the main decrease came from construction. There is nothing particularly surprising in these figures, it more or less confirms trends most of us are aware of. The main point to take from these figures is that while UK GDP is now 1.5% below where is it was before the recession, Northern Ireland is still 11.2% below its peak. All growth is welcome, but Northern Ireland has some way to go and we would want to pick up the pace.

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Permanent link | Categories: JobsNorthern Ireland

Improving women's access to the labour market could create 65,000 jobs

Posted on April 08, 2014 by Rory O'Farrell

A new paper (available here) highlights some of the most prominent features of the Irish labour market; a polarised labour market with relatively low labour market participation for women. The implication for this is that, by increasing labour market access for women, roughly 65,000 jobs could be created.

Overall in Ireland there are a high proportion of those in employment with a third level degree and the low level of labour market participation for women aged 35 and over, in particular such women without a third level education. Policies directed at enabling such women to participate in the labour market have the ability to increase Ireland’s economic potential.

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Permanent link | Categories: GenderJobsWages

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