Live Register rises to 5.2%

Raintonite

What I find a bit frightening at the moment is BA's assertion that 2008 will be a bad year due to the US recession. This is more or less admitting that things may yet get worse. Typical BA and governmental spin: 'Things are bad in the Irish economy but it's not our fault and we bear no responsibility.' Where have I heard that before!

As far as jobs are concerned, I wonder how many are in the high end category, so much lauded by this adminstration, and how many are minimum wage jobs? The growth in construction employment tended to create good wage packets - well above min wage. Things have stalled in this sector and I'm afraid they may get worse. From experience, I can definitely say things are bad, construction wise, in the northwest.

irish_bob

pfkf1 wrote: »

This compares to 4.6% last year, an extra 8,500 people have signed on, this government are quickly going down in as the worst government in the history of the state, and if these figures continue we could be looking at unemployment reaching well over 6% this year.

It also the 4th consecutive increase of the live register, and this coupled with a potential 8 billion deficit this year, we are in a recession, this government have become tired and complacent, which has shown up in the health, transport, crime and now the economy.

These are very worrying times ahead, with this incompetent government in charge.

It is highest level of unemployment since 1999, and is the single highest monthly increase in the live register in absolute terms.

The Celtic Tiger is now dead.

as long as your a public sector worker , it doesnt matter that the celtic pussy is taken a nap

Moriarty

""Employment is still being generated." - Bertie" thread merged back into this one.

Tha Gopher

ballooba wrote: »

A good portion of those are people who don't want to work. They probably give out about d'immigrants too, taking the jobs they'd never do.

What about laid off construction workers? Yes, there are other jobs, but if you offer a guy used to 35k a year the choice of going on the dole and waiting for work or commiting to 40 hours a week in a minimum wage job, he is going to pick the option that brings less money but leaves more free time to go looking for well paid work.

guinnessdrinker

ballooba wrote: »

If we are only creating as many jobs as we are losing then there are no jobs for new entrants to the job market. This includes immigrants and those coming of age and is offset by those emmigrating and those retiring.

But of the jobs being created how many are part time? What I would like to know is for every full time job lost, how many full time jobs are created?

berliner

ballooba wrote: »

A good portion of those are people who don't want to work. They probably give out about d'immigrants too, taking the jobs they'd never do.

The PC Police would be after me if i answered this so i'll say no more.

ballooba

Tha Gopher wrote: »

What about laid off construction workers? Yes, there are other jobs, but if you offer a guy used to 35k a year the choice of going on the dole and waiting for work or commiting to 40 hours a week in a minimum wage job, he is going to pick the option that brings less money but leaves more free time to go looking for well paid work.

I can sympathise with that. I was talking more about the long term unemployed. Very few of those 189,000 are recently laid off construction workers.

I do think though that construction workers are going to have to take a hit unless they can transfer their skills to another discipline. Construction workers have enjoyed a cushy position for the last 12 years or so that could only be sustained by the property bubble. They've been carried along by other sectors.

knipex

O'really? wrote: »

Can you please outline what decisions (bar the reduction in Corporate tax which was FF policy)

Errrrrrrr

Dont you mean PD policy ???

gurramok

I think we're now in recession.

CSO data out for Q4 '07 shows seasonally adjusted GDP at -0.8% GDP and -2.2% GNP from Q3.
http://www.breakingnews.ie/business/mhojmhsncwql/

No wonder there were big rises in the live register in the subsequent months.