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Posts in the "Northern Ireland " category

Child Poverty - North & South

Posted on September 23, 2013 by Micheál Collins

One in every five children on the island of Ireland lives in a household with an income below the poverty line. In the Republic, the latest CSO data suggests 18.8% of children live in poverty. In Northern Ireland, 22% of children are in poverty. In both, the trend over time has been one of slow decrease, but child poverty levels have consistently remained above the levels of poverty experienced by the populations generally.

In the latest edition of the NERI’s Quarterly Economic Facts document, indicator 5.3 examines the Republic’s child poverty trends using data from the CSO’s 2011 Survey of Income and Living Conditions. Indicator 5.5 reviews the data for Northern Ireland using the latest edition of the Family Resources Survey (2011-2012).

Permanent link | Categories: IncomeInequalityNorthern Ireland

Northern Ireland economy

Posted on September 11, 2013 by Tom Healy

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

The annual Northern Ireland Economic Conference took place yesterday in Belfast. Typically it is one of the main annual events in Northern Ireland where senior policy makers, academics and business interests gather to debate and consider the major economic issues confronting us. While the balance of speakers and input left much to be desired the Conference provides participants with an opportunity to access information and policy debates.

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Permanent link | Categories: InvestmentJobsNorthern Ireland

A broader view of labour market statistics in Northern Ireland

Posted on August 14, 2013 by Paul Mac Flynn

The unemployment rate in Northern Ireland fell below that of the UK for the 3 months to the end of June this year. This is welcome news, but as with all economic and labour market data, a quick glance never reveals the true story.

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Permanent link | Categories: JobsNorthern Ireland

Positive growth, but no cause for celebration

Posted on July 26, 2013 by Paul Mac Flynn

GDP - UK GDP Q2 2013
UK GDP Q2 2013

The UK economy posted its second quarter of positive growth yesterday, and many have heralded the beginning of a long awaited recovery. However, while some growth is better than none, some perspective is needed before one starts popping champagne corks.

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Permanent link | Categories: MacroeconomicsNorthern Ireland

Revisions to UK GDP growth

Posted on June 28, 2013 by Paul Mac Flynn

The ONS yesterday released the third estimate of GDP figures for the first quarter of 2013 where growth was revised down from 0.6% to 0.3%. The revisions to recent historical data also erased the "double-dip" recession that was thought to have occurred in in the first quarter of 2012. Growth in 2012 Q1 was revised up from -0.1% to 0.0%, a stagnation as opposed to contraction. The ONS report is here

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Permanent link | Categories: JobsMacroeconomicsNorthern Ireland

Changing Reasons for Economic Inactivity

Posted on June 16, 2013 by Paul Mac Flynn

InActivity

Northern Ireland has historically always had a higher rate of economic inactivity than either the Republic of Ireland or any of the other 11 regions of the United Kingdom. While the overall rate of economic inactivity has actually reduced somewhat over the crisis from 2008, it still remains above all other regions. There is a distinction within the economically inactive between those who do not require a job and those who do want to work but can't.

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Permanent link | Categories: JobsNorthern Ireland

Employment increases, incomes squeezed

Posted on June 12, 2013 by Paul Mac Flynn

Employment figures for the UK published today show a small return to growth in employment in the last three months to April this year. The increase in employment has been mainly due to a large increase in employment among older workers, many of pension age, and it is not clear whether this is by choice or whether older workers are finding themselves under financial pressure.

 

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Permanent link | Categories: IncomeJobsLabour costsNorthern Ireland

The Productivity Puzzle and Northern Ireland

Posted on June 10, 2013 by Paul Mac Flynn

InBrief June 2013

Over the last two years, the UK economy has experienced stagnating output growth alongside increasing total employment. This counter-intuitive situation has come to be known as the "Productivity Puzzle". Northern Ireland has experienced a similar dynamic over the last two years. There is no agreement among researchers as to what may be causing this situation or whether it is a permanent or temporary feature of the economy.

This in-Brief seeks to examine the many possible causes of the productivity puzzle, their likelihood and to what extent thy apply to Northern Ireland. Whether this trend continues or not, it does pose some very important questions about the state of the domestic economy and how it may evolve in the near future.

 

The latest NERI In-Brief is here

 

Permanent link | Categories: MacroeconomicsNorthern Ireland

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