News

  • 4 December 2019 - Researchers estimate that Ireland's already low unemployment rate, which has stayed fairly stable following a recent economic crash, could sink further down. Estimates say the number of unemployed could fall below 100,000 people; this would put unemployment at a historic low of under 2.5%. Work and Wages

Economic Facts

Ireland’s history consists of an interesting phenomenon labelled the Celtic Tiger period. Commencing in 1993 and extending all the way up to 2001, this timeframe marked unprecedented economic growth, augmented by foreign direct investment. It was characterised by pro-business policies, investment in the skillset of the younger workforce, and the utilisation of technology. Unfortunately, this boom came to an end due to the property bubble that led to an economic downturn. Work and Wages

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