How high will unemployment be by the end of 2009?

deleriumtremens

What do ye estimate the rate of unemployment will be at the end of this year?
Personally, the 12 % rate I read in one of the papers seems a bit generous for what seems to me to be an economy f'ucked!

Dave!

100%

Fizman

6'8"

johnnyc

15% per cent

ART6

40%. The other 60% will be in the public services and so employed.

Shiny

I think(hope) around 11/12%.

Higher =

Senna

Maybe 14% by end of 2009, 17% by end of 2010. Then WW3 in 2011, so unemployment wont mater.

deleriumtremens

Senna wrote: »

Maybe 14% by end of 2009, 17% by end of 2010. Then WW3 in 2011, so unemployment wont mater.

This series of events honestly seems plausable!

AnonoBoy

Judging by my mate Garry they'll all be stoned off their faces by the end of the year.

wandatowell

i'll be joining the unemployed myself in march

AnonoBoy

wandatowell wrote: »

i'll be joining the unemployed myself in march

Just in time for National Alcohol Poisoning Day. Nice timing.

MagicMarker

About 9%, hopefully no more.

wandatowell

AnonoBoy wrote: »

Just in time for National Alcohol Poisoning Day. Nice timing.

Friday the 13th to be exact, what a load ****e

Tipsy Mac

I'd say 16% at December 2009, that's me being optimistic too

Mark200

My best friend just told me her mam (single parent) is losing her job next week. She's also only been working in Ireland for less than two years so she's not entitled to the full un-employment benefits.

Highsider

I'd shocked if we are not at 12% unemployment by next December. A hell of a lot of bad news on the way for a lot of people. Know two people myself who are being let go by the end of the month

Lamps

No yis can all feck off. i work in a dole office and am just not able for anymore of rises in the register....

galwayrush

It's going to get bad.
I employ 4 people, but have enough work to take on two more at the moment,and have been that busy for quite some time. But i can't. I can't get even a temporary extension on my ever dwindling overdraft to raise the necessary funds to buy extra stock and cover wages , and even harder, to buy some equipment, even second hand.Then there's the instant demands from the Revenue, and the pathetically slowness of collecting the money i am owed, the excuse is, my customers can't get funds from their Banks to pay me.The crazy world of providing employment in Ireland.:rolleyes:

tedstriker

Well there are a couple of things that can have a massive impact here. If the banks can get sorted ASAP and a few heads roll to restore some confidence in the economy then money can start to flow and the rate of job losses will reduce. It will be a tough few months but if the banks DO get sorted then things might be ok and we'll be at around 12% for by the end of the year. We're currently at 8.3%.

http://www.statusireland.com/statistics/finacial-statistics-for-ireland/31/Seasonally-Adjusted-Standarised-Unemployment-Rates-SUR.html

The thing that is really tough is that we won't be able to find jobs just as easily as it was before. Factories won't start up in a country that has one of the highest industrial wages (never mind all the other costs). There will be many tens of thousands who will need serious training and education, hard core education, that will take many years. Then we will be better placed to attract AND CREATE a higher standard of job. We a such a small country and we should export brain power for the price we charge.

deleriumtremens

Thought I'd resurrect this thread given "the current economic climate"!!!

Mwahh hah hah

wylo

9.2% now, we'll check back in a month

IHATELIBERTAS

0%

Abi

deleriumtremens wrote: »

Thought I'd resurrect this thread given "the current economic climate"!!!

Mwahh hah hah

Yah thanks for that. Workin' yerself then?

deleriumtremens

Abigayle wrote: »

Yah thanks for that. Workin' yerself then?

Yeah, working hard to piss off everyone who threw money around like confetti during the last few years.

IvySlayer

Lamps wrote: »

No yis can all feck off. i work in a dole office and am just not able for anymore of rises in the register....

lol, I just have this imagine of you getting sacked and then walking out, then walking straight back into the dole office claiming money :P

Anyway, I was forced to take a pat cut, and hoping I won't get laid off. I think it'll be around 14%.

sneakerfreak

Its way higher than what they say,as far as I know they dont count people on Fás courses etc,lots of courses and certain types of welfare schemes dont appear on the live register

I think it will hit 20%

Hazys

110%

With all the GAA coaches in the country believing this is possible, i think we can do it.

Diabhal Beag

This is all a dream. You will wake up after having a wet dream and you will realise you may have been in a coma since September.

[Jackass]

It's a very real possability I will be made redundat in the next month (as we know for a fact there is going to be in the company). I for some reason considered myself safe enough as I'm good at my job and felt fairly secure, work in big business, have my sollege down, wear a nice suit and I'm fu*ked!! It's not just service and labour industries going...once the suits start to fall, in any recession, it is getting very serious. I am now trying to plan a budget on a dole wage and am looking into other working prospects.

Also, tence your buttocks for the brain drain, cause I would say over half of the skilled to highly skilled workers who are not employed or lose employment will be out of this country limiting our potential receovery and competetiveness.

Also our massively inflated prices that the government ignored for so long and drove up wages are absolutely crippling us. Don't forget this. Don't think they gave us 10 years of boom, like a global recession, we were on the tail coat of a global (mostly) boom - look how bad it was mismanged while we all want a slice of Berties ass rocks cause we thought he was the dogs b0llox. Completely mismanaged and the worst set economy of all in Europe considering where we came from. (which was mostly aided by IDA and low corporation tax - it gave billions into the economy, not the management of the economy,, they managed to squander hundreds of billions on litterally nothing that would now feed unemployed famalies and enable stimulos finance packages to be injected to the economy. Most crippling government yet - up there with Haughy - in fact worse)

punchestown

IvySlayer wrote: »

Anyway, I was forced to take a pat cut,

Thats fairly $hit alright!

wylo

[Jackass] wrote: »

Also, tence your buttocks for the brain drain, cause I would say over half of the skilled to highly skilled workers who are not employed or lose employment will be out of this country

theres no where really to go this time around, poland perhaps.