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Posts in the "Jobs" category

Employment of young women down 17,100

Posted on February 27, 2014 by Rory O'Farrell

The latest data from the CSO shows employment up roughly 60,000 since the same period of last year, getting close to levels last seen at the end of 2009 (and first seen back in 2005).

Interestingly, of the increase in employment of 61,000, over three quarters almost (47,100) of the increase was for men aged over 35. Employment for men aged under 35 was relatively stable (showing a slight increase of over 3,000).

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Permanent link | Categories: GenderJobs

Youth Unemployment: A problem that is not going away

Posted on February 26, 2014 by Paul Mac Flynn

Youth Unemployment is an issue that is affecting nearly every developed country across the western world. While some labour market and output indicators may show some signs of recovery, youth unemployment is a reminder that the greatest recession to hit the developed world since the great depression has left some wounds that won't heal. While many countries experienced high levels of youth unemployment before the recession owing to structural problems, the current rates reflect a bad situation made worse.

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Permanent link | Categories: JobsNorthern Ireland

Under-employment remains a major issue

Posted on February 18, 2014 by Rory O'Farrell

under-employment - under-employment
under-employment

Under-employment  continues to be a major long-term issue for Irish workers. The broadest measure of unemployment (whereby people are either unemployed, or working part-time but wishing to work full-time, or discouraged workers) remains at 23.5%, down from a peak of 25.8% in mid-2012. In the third quarter of 2013; 139,300 workers were under-employed.

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Permanent link | Categories: IncomeJobs

NERI Seminar Dublin: Enterprise Policy and Ireland’s Economic Recovery

Posted on January 22, 2014

The latest NERI seminar took place this afternoon in the INTO Learning Centre. Seán Ó Riain discussed the place of enterprise policy in Ireland's economic recovery. Seán is a professor of sociology at the National Institute for Regional and Spatial Analysis . Prof. Riain's current research is on the political economy of the Celtic Tiger, high tech regions, change in state and governance institutions, and the politics of high technology workplaces. An abstract of the paper presented at the seminar and a link to the final document can be found below.

Abstract

The paper begins with a brief review of recent employment growth, locating it within the pattern of the significant changes in Ireland's enterprise and export sectors since the 1990s and identifying some persistent challenges for economic development.

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Permanent link | Categories: InvestmentJobs

Over 28 unemployed people for each vacancy in the Republic of Ireland

Posted on January 21, 2014 by Rory O'Farrell

unemployed per vacancy - There are 28.5 unemployed people for each vacancy in Ireland.
There are 28.5 unemployed people for each vacancy in Ireland.

In the second half of  2013 there were 28.5 people available for work for each vacancy. Though there are some shortages for specific skills (Forfás has recently released a report external linkon the issue), the main cause of unemployment is not a lack of people willing to work, but simply a lack of jobs.

In contrast, in Germany there are only 2.4 unemployed persons per vacancy, showing that in Germany unemployment is mainly due to people being genuinely 'between jobs', which is normal in a health economy.

More information on vacancies can be seen in indicator 2.6 of the latest NERI Quaterly Economic Facts.

Permanent link | Categories: Jobs

What have a night-club dancer and an economist got in common? – CSO data and average earnings

Posted on December 12, 2013 by Rory O'Farrell

The timeliest source of data on wages for PAYE workers in the Republic of Ireland comes from the “Earnings Hours and Employment Costs Survey” (EHECS). This is a very extensive survey and survey responses cover roughly 70% of employees. In comparison, surveys such as the National Employment Survey or Quarterly National Household Survey usually cover less than 5% of the population.

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Permanent link | Categories: IncomeJobsLabour costs

UK Autumn Statement fails to tackle underlying problems

Posted on December 05, 2013 by Paul Mac Flynn

In the Autumn Statement today the Office for Budget Responsibility has upgraded forecasts for growth in the UK economy from 0.6% to 1.4% for 2013. Furthermore they have upgraded forecasts for 2014 and 2015 to 2.4% and 2.2% respectively. While much attention has focused on the speed of the UK recovery, the composition of any such recovery matters just as much. The first point to make is that while GDP growth appears to be growing again, it follows a long period of stagnation from mid-2010 to mid-2013. The absence of growth for nearly 3 years means that the level of UK GDP is still some 2.5% below its pre-crisis peak. Fiscal austerity smothered the beginnings of a recovery in 2010, and the UK economy is only now experiencing what by historical standards is modest GDP growth.

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Permanent link | Categories: Government SpendingJobsMacroeconomicsNorthern Ireland Taxation

Why is unemployment down 40,000, but the Live Register only down by 20,000?

Posted on December 04, 2013 by Rory O'Farrell

The latest live register figures present something of a puzzle.

Comparing to January to November 2013 with the same period last year numbers on the Live Register are down roughly 20,000 people. This is almost entirely due to a drop of new people claiming Job Seekers Benefit (new claimants are down roughly 25,000).

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Permanent link | Categories: Jobs

Employment up for over 35s, but younger workers still losing jobs and leaving

Posted on November 26, 2013 by Rory O'Farrell

The latest labour market data (released on 26 November 2013) is generally positive in terms of employment, but slightly negative in terms of earnings. However, strange patterns are emerging in terms of what age groups are getting the new jobs.

Overall unemployment is down to 12.6% from 14.3% a year ago. This is driven by genuine job creation rather than emigration. In fact, the size of the labour force has increased (meaning the unemployment would be lower only for people re-entering the labour force). Also most of the jobs being created are full-time jobs, and underemployment has fallen.

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Permanent link | Categories: JobsLabour costs

Why we need a new deal for young people in Europe

Posted on November 18, 2013 by Tom Healy

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

While there may be grounds for celebration in the departure of An Troika, unemployment, under-employment and precarious employment is the lot of too many young people across Europe. Ireland (Republic), at 27%, is in the acute ward just behind Greece, Spain, Croatia and Portugal which, in each case, have rates of young unemployment in excess of 40% (see indicator 2.2 in the NERI Quarterly Economic Facts).

Traditional notions of youth are being re-defined to include adults who are reaching 30 and still living at home or elsewhere without ‘a proper job or prospects’ – in some cases doing course after course to enhance their CVs if they can avail of training.

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Permanent link | Categories: Jobs

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