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Unemployment reaches 14.7 percent

  • 15-03-2011 9:11pm
    #1
    Closed Accounts Posts: 39,022 ✭✭✭✭


    This post has been deleted.


Comments

  • Closed Accounts Posts: 9,376 ✭✭✭ei.sdraob




  • Registered Users, Registered Users 2 Posts: 4,090 ✭✭✭RichardAnd


    Permabear wrote: »
    This post had been deleted.


    What was the unemployment peak in the 80s? Around 18%?


  • Closed Accounts Posts: 39,022 ✭✭✭✭Permabear


    This post has been deleted.


  • Registered Users, Registered Users 2 Posts: 4,090 ✭✭✭RichardAnd


    Permabear wrote: »
    This post had been deleted.


    Sh!t :(


  • Closed Accounts Posts: 9,376 ✭✭✭ei.sdraob


    Employment fell 64,500 in the year which is equivalent to the level of total unemployment in 1973 - - obviously related tto a smaller workforce.

    I am not sure where he got the figures about 1973 checking now if CSO have any stats going back that far


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  • Registered Users, Registered Users 2 Posts: 3,553 ✭✭✭lmimmfn


    im sure it will be 20% within the next 2 years, we have banks to pay for and no money for employment

    Ignoring idiots who comment "far right" because they don't even know what it means



  • Closed Accounts Posts: 3,619 ✭✭✭ilovesleep


    And there isn't a hope in hell that figure will ever reduce


  • Registered Users, Registered Users 2 Posts: 1,785 ✭✭✭ferike1


    People keep emigrating and the unemployment rate will drop! Problem solved!


  • Registered Users, Registered Users 2 Posts: 5,932 ✭✭✭hinault


    RichardAnd wrote: »
    What was the unemployment peak in the 80s? Around 18%?

    We're at 1983 unemployment levels (circa 14%).

    I think 1986 and 1987 the country hit 17% unemployment rate.
    I never thought I would see a return to those days :rolleyes:


  • Registered Users, Registered Users 2 Posts: 10,501 ✭✭✭✭Slydice


    wow, isn't it amazing how the figures seemed to be going down before the election

    colour me surprised:rolleyes:


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  • Registered Users, Registered Users 2 Posts: 2,055 ✭✭✭snickerpuss


    How do they factor in people who aren't on the dole but are unemployed? Ie - I know one person who hasn't worked in 3 years but isn't entitled to anything cos her fiance earns too much and my 20 year old brother wouldn't get anything cos my parents earn too much. Are these people taken into account?


  • Registered Users, Registered Users 2 Posts: 14,403 ✭✭✭✭jimmycrackcorm


    ferike1 wrote: »
    People keep emigrating and the unemployment rate will drop! Problem solved!

    As it was in the 80's.


  • Closed Accounts Posts: 9,376 ✭✭✭ei.sdraob


    How do they factor in people who aren't on the dole but are unemployed? Ie - I know one person who hasn't worked in 3 years but isn't entitled to anything cos her fiance earns too much and my 20 year old brother wouldn't get anything cos my parents earn too much. Are these people taken into account?

    yes see link above to cso


  • Registered Users, Registered Users 2 Posts: 182 ✭✭Taxi Drivers


    Male full-time employment is now back to 1998 levels. Ten years of growth given up in three years.

    Full%20Time%20Employed%20by%20Gender_thumb.png?imgmax=800


  • Closed Accounts Posts: 784 ✭✭✭Anonymous1987


    How do they factor in people who aren't on the dole but are unemployed? Ie - I know one person who hasn't worked in 3 years but isn't entitled to anything cos her fiance earns too much and my 20 year old brother wouldn't get anything cos my parents earn too much. Are these people taken into account?
    Yes the Quarterly National Household Survey measures unemployment regardless of whether someone is receiving state benefits or not. The Live Register on the other hand only measures those on unemployment benefit whether working part-time or not and excludes people who don't qualify for these. The media often reports the Live Register figures as a measure of unemployment however this is incorrect, only the QNHS is a measure of unemployment.


  • Closed Accounts Posts: 2 hedzog


    hinault wrote: »
    We're at 1983 unemployment levels (circa 14%).

    I think 1986 and 1987 the country hit 17% unemployment rate.
    I never thought I would see a return to those days :rolleyes:

    all we need now is interest rates up around 18% to make things complete ,and maybe a few moving statues


  • Registered Users, Registered Users 2 Posts: 1,785 ✭✭✭ferike1


    Male full-time employment is now back to 1998 levels. Ten years of growth given up in three years.

    Full%20Time%20Employed%20by%20Gender_thumb.png?imgmax=800

    It wasn't real growth, it was internal money spinning.


  • Posts: 0 [Deleted User]


    hedzog wrote: »
    all we need now is interest rates up around 18% to make things complete ,and maybe a few moving statues


    High interest rates with low borrowed capital are actually better preferable to
    low interest rates with high borrowed capital.

    If you borrowed 100 euro in the 80s and the interest was 18% it is better than
    borrowing 1000 at 2% today!!!!!!! You pay less in the 80s!

    Apartments went for half a million during the boom nevermind decent houses, a decent house in the 80s were sub 50,000 & sub 20,000 in many cases in the early 1980s.

    We are far worse off than in the 1980s when it comes to private borrowing.
    The level of indebtedness is astonishing in Ireland today.


  • Registered Users, Registered Users 2 Posts: 18,530 ✭✭✭✭Idbatterim


    once there are no job losses in the PS and the croke park agreement is still in place, does anyone really care about the unemployed or private sector?


  • Registered Users, Registered Users 2 Posts: 5,932 ✭✭✭hinault


    Idbatterim wrote: »
    once there are no job losses in the PS and the croke park agreement is still in place, does anyone really care about the unemployed or private sector?

    PS are incapable of generating wealth.

    If the private sector is contracting - which it is - PS will have no choice but to contract also.


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  • Registered Users, Registered Users 2 Posts: 43,313 ✭✭✭✭K-9


    It was predicted to be 17/18% a year or 2 ago.

    Mad Men's Don Draper : What you call love was invented by guys like me, to sell nylons.



  • Registered Users, Registered Users 2 Posts: 2,817 ✭✭✭Tea drinker


    At some stage the PS will need further adjustment. Many perks already gone but still not enough cut. Some departments headcount expanded radically and foolishly during the boom, and for *some reason* cannot be adjusted down now. The should have taken account of *some reason* before , no? The run rate for Ireland is woefully out of whaack and the hail mary approach has not worked. Fix it now or it will be unfixable.
    But it's quite funny to me, back to square one, and throw another generation on the boat ! But still many people still vote FF. There is something seriously amiss with a good swathe of the populace in bad old Ireland." I'm allright Jack and screw you" type of sociopaths still abound.
    I really feel sorry for the young people, it's a feckless situation for them. They are being hit very hard in this current round of unemployment. I got a taste of it myself in the 80's, not something I would want to put anyone through. Some people's work ethic (and lives) was ruined forever.

    The idea that we could build a new society for ourselves got drowned out during all the mindless electioneering, will we here someone take this challenge again? To truly build our society the way we want it, not some faux sham democracy built for the uber wealthy few?


  • Moderators, Entertainment Moderators, Politics Moderators Posts: 14,561 Mod ✭✭✭✭johnnyskeleton


    hinault wrote: »
    PS are incapable of generating wealth.

    If the private sector is contracting - which it is - PS will have no choice but to contract also.

    How do you figure? If, for example, aer lingus becomes highly competitive and turns a profit, does that not create wealth? If ESB international increase their market share abroad does that not increase exports? Less directly, if the Dept of Agriculture sponsors a successful scheme to improve farming output and market same abroad, does that not create wealth for the Irish economy? More generally, doesn't creating a well educated safe country with good infrastructure and low bureacracy encourage investment and innovation, which in turn create wealth?

    The idea that the public sector cannot create wealth is incorrect. However, generally they are quite inefficient at doing so. Therefore, it isn't a simple case of getting the public sector to contract, rather it is a matter of it becoming more efficient.

    It is a shame that the unions have misused the word efficient such that it is almost meaningless. Efficiency means that you shouldn't pay a cleaner €10 per hour if there are plenty other cleaners prepared to work for €7.65 (yes, this means that the lower paid in the public sector may actually have to be hit harder than the higher paid, not because it is fair, but because it is necessary). Efficiency also means not cutting the wages of people who justify their wages, while cutting severely the wages of those who don't. So it is possible that some parts of the public sector would get pay rises while others get cuts or are fired.


  • Registered Users, Registered Users 2 Posts: 4,090 ✭✭✭RichardAnd


    At some stage the PS will need further adjustment. Many perks already gone but still not enough cut. Some departments headcount expanded radically and foolishly during the boom, and for *some reason* cannot be adjusted down now. The should have taken account of *some reason* before , no? The run rate for Ireland is woefully out of whaack and the hail mary approach has not worked. Fix it now or it will be unfixable.
    But it's quite funny to me, back to square one, and throw another generation on the boat ! But still many people still vote FF. There is something seriously amiss with a good swathe of the populace in bad old Ireland." I'm allright Jack and screw you" type of sociopaths still abound.
    I really feel sorry for the young people, it's a feckless situation for them. They are being hit very hard in this current round of unemployment. I got a taste of it myself in the 80's, not something I would want to put anyone through. Some people's work ethic (and lives) was ruined forever.

    The idea that we could build a new society for ourselves got drowned out during all the mindless electioneering, will we here someone take this challenge again? To truly build our society the way we want it, not some faux sham democracy built for the uber wealthy few?


    My prediction is that Ireland will emerge from this eventually, just like it did from the 80s. Then we'll re-elect FF, let them do what they like and in say 30 years time, we'll be back here for our next recession. I'll see you on these boards around 2040.

    People should take a hard look at the country around them when they wonder who really is to blame for all of this.


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