Northern Ireland still lags behind UK on Earnings

22 Apr 2013
Paul Mac Flynn
The Distribution of earnings has remained remarkably static in Northern Ireland over the past two years. The number of people earning under £20,000 was 57%, the same figure recorded in the previous year. The most significant decreases have been among those earning over £150,000 and those earning...

Ireland has the sixth lowest labour costs in Western Europe

17 Apr 2013
Rory O'Farrell
In the European Union Irish hourly labour costs (the average cost to an employer of hiring a person for an hour) are below those of Germany, Austria, Finland, Netherlands, France, Luxembourg, Belgium, Denmark and Sweden. This is according to the latest data from Eurostat, the European statistics...

Quarterly Economic Facts - Spring 2013

10 Apr 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)...

Republic of Ireland’s economic outlook remains challenging

10 Apr 2013
Micheál Collins
The Nevin Economic Research Institute has published our latest Quarterly Economic Observer (Wednesday 10th April). In it we outline our latest set of projections for the Republic of Ireland economy. These suggest a period of low-growth and high-unemployment for the next three years and include: •...

How much do households need to live on?

28 Mar 2013
Micheál Collins
A regular topic in recent discussion of the policies Government is (finally) adopting to address insolvency issues is: How much of a household's income should be put towards debt repayment and how much should households be left with to live on? Despite all the recent discussion, there is a simple...

Monday Blog: Personal Debt Deals

23 Mar 2013
Tom Healy
The publication of guidelines in relation to personal insolvency yesterday has at least two positive features: consideration of a living income is very much under debate and this is to be welcome some individuals and households in situations of mortgage or other debt distress are likely to move...

Has long-term unemployment turned the corner?

20 Mar 2013
Rory O'Farrell
In the first quarter of last year long-term unemployment as a share of total employment peaked at 64% and is on a downward trend. The latest evidence from the Quarterly National Household Survey the number of long term unemployed fell by 19,600 (in Q4 2012 compared to Q4 2011). So has long-term...

Still a high income country – despite the recession

11 Mar 2013
Micheál Collins
Indicator 4.1 from the NERI's latest Quarterly Economics Facts (QEF) document shows that despite the financial crisis, the Republic of Ireland's income per capita remains high. The latest data, for 2011, show that Ireland's average income of €35,400 is the sixth highest in the EU. The figure is...
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