Quarterly Economic Facts - Summer 2013

26 Jun 2013
infobo
Recent years have seen a huge growth in the supply, range and timeliness of data from a variety of official agencies including the Central Statistics Office (CSO), the Northern Ireland Statistics and Research Agency (NISRA), Eurostat, the Organisation for Economic Cooperation and Development (OECD)...

Ireland’s Investment Crisis: Diagnosis and Prescription

18 Jun 2013
infobo
Ireland’s post-2007 economic crisis has given rise to persistently and historically low rates of investment, high unemployment, large public and private sector debt overhangs, tight fiscal constraints, and a breakdown in financial intermediation. Lack of investment by the domestic private and public...

Changing Reasons for Economic Inactivity

16 Jun 2013
Paul Mac Flynn
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...

Employment increases, incomes squeezed

12 Jun 2013
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...

Labour costs in accommodation and food sector equal to Spain's

11 Jun 2013
Rory O'Farrell
Not only did we recently have weather like the Spanish, labour costs were too. The latest data from Eurostat (the European Statistics Agency) show that Irish labour costs in the Accommodation and Food sector are equal to those of Spain. Adjusting for the cost of living Irish labour costs are even...

The Productivity Puzzle and Northern Ireland

10 Jun 2013
infobo
Since late 2010, the UK economy has experienced a period of stagnating output coupled with improvements in the levels of employment. This counterintuitive situation has been dubbed the "productivity puzzle" and economists have struggled to explain it. It seems no one factor can explain this paradox...

The Productivity Puzzle and Northern Ireland

10 Jun 2013
Paul Mac Flynn
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...

Monday Blog: Investment is still the key

10 Jun 2013
Tom Healy
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...

Recession, Austerity and Household Income

05 Jun 2013
Micheál Collins
The experience of recession and austerity over recent years has been widespread. The impact has been greatest on those who lost their jobs since the combined economic, fiscal, banking, property and social crisis hit Ireland. Looking at just once indicator of the recession, household income, we can...
Subscribe to