Job Losses

dfbemt

Just announced

An Post to shed 1375 jobs, out of approx 10,000. Initially voluntary redundancies being sought but if not enough come forward they are looking for compulsory.

Also, 150 jobs going at National Irish Bank, plus approx 50% of branches to close.

How many more job losses can the country tolerate with biggies like Aer Lingus, Dublin Bus, Bus Eireann yet to come. We haven't even hit the expected New Year job losses in the retail sector yet.

Serious stuff.

hinault

It is an extremely serious situation.

The economy needs people to spend - to spend prudently I might add.
But our govt hasn't got the money to stimulate this economy.

Therefore every job lost - be they public or private jobs being lost - drives another nail in to this ailing economic coffin.

Jarren

So...we din't hit the rock bottom yet...OMG

The_Honeybadger

Just heard on the Radio that massive layoffs can be expected in the semi-state sector after xmas after they get a royal going over in tomorrows budget. Many of these workers wouldnt be permanent employees so can be let go pretty easily. Hard to see where jobs can be created for the amount of unemployed we will have. Its sure to hit 500k if it hasnt already with our smoke and mirror figures.

prinz

mickeyk wrote: »

Hard to see where jobs can be created for the amount of unemployed we will have.

Don't look now but.. http://www.breakingnews.ie/ireland/60-telecommunications-jobs-for-waterford-437344.html ............jobs!!

ei.sdraob

hinault wrote: »

But our govt hasn't got the money to stimulate this economy.

what do you call the 50 odd billion entering the economy via welfare and PS every year?

if thats not a stimulus i dont know what is

that would be analogues to a 7 trillion $ stimulus in USA for example

Rulmeq

prinz wrote: »

Don't look now but.. http://www.breakingnews.ie/ireland/60-telecommunications-jobs-for-waterford-437344.html ............jobs!!

1300 gone, 60 gained

The_Honeybadger

prinz wrote: »

Don't look now but.. http://www.breakingnews.ie/ireland/60-telecommunications-jobs-for-waterford-437344.html ............jobs!!

Its a start I guess but Im very worried tbh, all of this uncertainty etc is so depressing. Many workers dont know if they will still have their jobs next week never mind next year. No wonder people are keeping their money in their pockets.

gandalf

Don't forget about the 150 lost with NIB yesterday.....

Dannyboy83

gandalf wrote: »

Don't forget about the 150 lost with NIB yesterday.....

And 150 for Cork.
http://www.newstalk.ie/news/business/150-job-losses-for-cork/

Dannyboy83

Good morning Ladies and Gentlemen, we are dismayed to welcome you aboard, you are now entering the Irish Depression tunnel.
Departure time 2009, Estimated Arrival Time: 2016.
I suggest you Buckle up!!!!!!

Dannyboy83

p.s
The property market is about to take a VERY big nosedive.
NAMA is going to be a catastrophe unless they hold everything until about 2020.

leninbenjamin

Dannyboy83 wrote: »

p.s The property market is about to take a VERY big nosedive.

What property market?

ei.sdraob

Dannyboy83 wrote: »

Estimated Arrival Time: 2016.

arent you an optimist

masteroftherealm

ei.sdraob wrote: »

what do you call the 50 odd billion entering the economy via welfare and PS every year?

if thats not a stimulus i dont know what is

that would be analogues to a 7 trillion $ stimulus in USA for example

What?
No seriously what?

That is in no possible way the same thing..... at all.

ei.sdraob

masteroftherealm wrote: »

What?
No seriously what?

That is in no possible way the same thing..... at all.

is it not? do the public sector in US receive same level of wages? do they receive same welfare??

where is the money spend but in local economy


hence the overgenerous welfare and PS is a stimulus

masteroftherealm

ei.sdraob wrote: »

is it not? do the public sector in US receive same level of wages? do they receive same welfare??

where is the money spend but in local economy


hence the overgenerous welfare and PS is a stimulus

Stimulus does not go to individuals it goes to businesses to employ workers and expand. Your confusing economic stimulus with increased wages or something, I dont really even get where your coming from to refute your point, can you elaborate somehow?

ei.sdraob

masteroftherealm wrote: »

Stimulus does not go to individuals it goes to businesses to employ workers and expand. Your confusing economic stimulus with increased wages or something, I dont really even get where your coming from to refute your point, can you elaborate somehow?

yes in proper capitalistic society like US and in theory books

but in Socialist Ireland do consider the government who is the largest employer which has expanded like a balloon

current high welfare and PS is a form of stimulus, since it stimulates the economy with alot of money

Maebh

ei.sdraob wrote: »

is it not? do the public sector in US receive same level of wages? do they receive same welfare??

where is the money spend but in local economy


hence the overgenerous welfare and PS is a stimulus

The PS and SW (which, btw, is not overgenerous, nor does it approach what other EU countries do, but anyway) are not stimulus.

The US stimulus was 35% tax relief for individuals and businesses, and 65% spending on infrastructure, both physical and technological, and investment in healthcare, education and energy. It rewards businesses who go green, for example, and it boosts education in modern topics like IT or sustainability...

ei.sdraob

Maebh wrote: »

The PS and SW (which, btw, is not overgenerous, nor does it approach what other EU countries do, but anyway) are not stimulus.
.

hahahaha

why dont you drive few hundred miles north and ask what their welfare is (65euro week €) or how much their teachers earn (24K € starting)

or just look into the OECD report in my sig to see how much these 2 sectors are overpaid by compared to just about everywhere else in the world

Long Onion

Just to heap pain on misery - those 60 jobs in Waterford are being created by Talk Talk who are shedding 160 from Tiscali in Sligo - the reasons they gave for shedding the Sligo jobs is that there are fewer customers calling them - how handy it is that they happen to have a large call centre with extra capacity already up and running.

They have some neck to be announcing 60 'new' jobs ...

Flamed Diving

Iz a digraz, I tellz youz.

masteroftherealm

ei.sdraob wrote: »

hahahaha

why dont you drive few hundred miles north and ask what their welfare is (65euro week €) or how much their teachers earn (24K € starting)

or just look into the OECD report in my sig to see how much these 2 sectors are overpaid by compared to just about everywhere else in the world

Social welfare entitlements in most of Europe are based on a percentage of previous income. So you cannot make that statement in all good faith.
I would be entitled to 5 times more than I get here in most EU countries.

Maebh

ei.sdraob wrote: »

hahahaha

why dont you drive few hundred miles north and ask what their welfare is (65euro week €) or how much their teachers earn (24K € starting)

or just look into the OECD report in my sig to see how much these 2 sectors are overpaid by compared to just about everywhere else in the world

Why don't you head to Sweden or France and see how much someone gets there? Actual socialist-leaning countries, btw.

And why would you prefer to mirror an unequal society, rather than looking for better examples to model us on?

This still does not mean that wages and welfare equal stimulus. They do not.

ei.sdraob

Maebh wrote: »

Why don't you head to Sweden or France and see how much someone gets there? Actual socialist-leaning countries, btw.

And why would you prefer to mirror an unequal society, rather than looking for better examples to model us on?

This still does not mean that wages and welfare equal stimulus. They do not.

fine please do tell us which other countries pay more than 204 euro a week in welfare or have an average PS wage of 60K (as per sticky in this forum)

any links and referenced info would be appreciated

masteroftherealm

Italy:
http://en.wikipedia.org/wiki/Unemployment_benefits_in_Italy

Sweden:
http://en.wikipedia.org/wiki/Unemployment_benefits_in_Sweden

Holland:
http://www.easyexpat.com/en/amsterdam/work/unemployment-benefits.htm


I can keep going....

dfbemt

mickeyk wrote: »

Just heard on the Radio that massive layoffs can be expected in the semi-state sector after xmas after they get a royal going over in tomorrows budget. Many of these workers wouldnt be permanent employees so can be let go pretty easily. Hard to see where jobs can be created for the amount of unemployed we will have. Its sure to hit 500k if it hasnt already with our smoke and mirror figures.

Didn't hear this story. Did they mention any particular semi states, apart from Aer Lingus whom we already know about.

Dannyboy83 wrote: »

p.s
The property market is about to take a VERY big nosedive.
NAMA is going to be a catastrophe unless they hold everything until about 2020.

Not the news anybody who bought during the 'tiger' wants to hear. Why do you think this will happen? How low do you think they will dive considering we are already at 2003 prices?

The retail sector is expected to shed thousands of jobs post Christmas, public servants are not being replaced.

How many jobs can we expect to see created in the new 'green economy'? Enough to remove approx 300,000 from the live register?

The_Honeybadger

dfbemt wrote: »

Didn't hear this story. Did they mention any particular semi states, apart from Aer Lingus whom we already know about.

Sorry dfbemt, didnt catch exactly who was speaking but An Post have already announce big layoffs, also Aer Lingus as you have said and the speaker mentioned any seme-state involved in transport is in big trouble, Bus Eireann, Dublin Bus, Iarnrod Eireann i guess. Many of the endless list of quangos are also semi states so maybe he was predicting they would get big cuts imposed on them too forcing job lay-offs, didnt hear the whole interview but he was just warning that jan-feb will be big months for job losses.

Mcloke

because some people continue to hold on to the public sector earn too much like their life depends on it.....reducing pay of the public sector will not solve all of Irelands problems....houses (if you have one) won't bounce back up to being the ridiculous amounts that people spent on them....private sector jobs will not re-appear...the fake boom is over! The whole country went bonkers money wise. A classic case of new money....no idea how to manage it and now that it is gone boy aren't we bitter :rolleyes: we will all pay the price (even those who managed their money) for many years to come but the longer people fight among themselves the harder it is going to be for this country to recover.

We sadly do not have a government capable of fixing all of our problems..... plug holes.... maybe.... actually fix things...highly unlikely!

The_Honeybadger

dfbemt wrote: »

Not the news anybody who bought during the 'tiger' wants to hear. Why do you think this will happen? How low do you think they will dive considering we are already at 2003 prices?

The retail sector is expected to shed thousands of jobs post Christmas, public servants are not being replaced.

How many jobs can we expect to see created in the new 'green economy'? Enough to remove approx 300,000 from the live register?

So glad I didnt buy during the property madness when i could have. Cant imagine how 300000 jobs could possibly be created any time soon, mass emigration and a brain drain will probably make a return, im sure they already have in fact. Im coming into the last six months of a one-year contract at work, nervous few months ahead I can tell ya.

ei.sdraob

masteroftherealm wrote: »

Italy:
http://en.wikipedia.org/wiki/Unemployment_benefits_in_Italy

Sweden:
http://en.wikipedia.org/wiki/Unemployment_benefits_in_Sweden

Holland:
http://www.easyexpat.com/en/amsterdam/work/unemployment-benefits.htm


I can keep going....

they all seem to have a diminishing payments system, you forget that people can live all their life here on welfare with all sorts of allowances

how about a better measure

AMOUNT SPEND ON WELFARE per YEAR / POPULATION

ireland:
17 billion (2008) / 4,500,000 = €3,777 per capita