2017 has seen certain countervailing trends emerge as to the overall performance of the Irish economy. On the positive side, labour market data illustrate that the pace of employment creation and subsequent reduction in unemployment increased in the present year. In the previous Commentary, we had believed the Irish economy would experience an unemployment rate of just under 5.5 per cent by the end of 2018, we now believe this will happen earlier in that year. While most sectors of the economy are experiencing employment growth, the construction sector, along with the information and communications sector, registers the largest recent increase…
Research Area:Macroeconomics Date of Publication: June 22, 2017 Publisher: ESRI Place of Publication: Dublin ISBN: 978-0-7070-0435-8 ISSN: 0376-7191 Rights:
This Open Access work is licensed under a Creative Commons Attribution 4.0 International License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly credited.