Calls For End To Austerity As Ireland Plunges Back Into Recession

Those commentators who have been critical of the overuse of austerity policies in Ireland are claiming that Ireland’s plunge back into recession is proof of their views. Since 2008 the Irish economy has been battered by international forces beyond its control in addition to massive self-inflicted damage caused by a property market bubble and the near collapse of the Irish banking system. The effects were far-reaching. Unemployment stands at 13.7%, public services have been slashed, bitter wrangling continues between the Government and its own employees in the Civil and Public services. Emigration has soared to Famine-era levels while those left … Continue reading Calls For End To Austerity As Ireland Plunges Back Into Recession

UNICEF Ranks Ireland Tenth Best For Kids

A report by UNICEF has provided mixed news for Irish parents with its findings ranging from very good to seriously bad. The report listed an average rank in the four elements of child well-being: material well-being, health, education, and behaviours and risks. The report examined data from 2001 to 2010 for 29 developed OECD countries and ranked The Netherlands, Norway, Iceland, Finland and Sweden at the top of the list with the UK in 16th place and the US in 21st place. The listing of Ireland in 10th place is relatively good but does however mask some shortcomings in the … Continue reading UNICEF Ranks Ireland Tenth Best For Kids

Government ‘Divide & Conqueror’ Strategy to Test the Resolve of Public Sector Unions

A successor to the ‘Croke Park Agreement’ has been finalized that will see cuts of 1 Billion Euro from the Government pay bill. The deal includes pay cuts for all staff, and up to 10% for top-earners, additional hours of work at no extra pay, and reductions in allowances and premium payments. As many as nine Unions have already indicated that they will not support the new deal and are recommending that their membership reject it. The consequences of being outside of the new arrangements are likely to make for a very difficult situation for the Unions. It is very … Continue reading Government ‘Divide & Conqueror’ Strategy to Test the Resolve of Public Sector Unions

Rate of Unemployment In Ireland Remains High At 14.6%

The rate of unemployment in Ireland remains stubbornly high within the 14% to 15% range. This bad news has in part been reduced by an increase in the rate of emigration. The Central Statistics Office has announced that the number of people ‘signing on’ is just under 430,000, down just over 10,000 since the start of 2012. The figures could not mask the increase in the number of those considered to be ‘long-term’ unemployed. Nearly 190,000 of the total unemployed have been claiming benefits for over a year – a 3.3% increase over the year. The Irish Central Bank estimates … Continue reading Rate of Unemployment In Ireland Remains High At 14.6%

Further Crackdown on Welfare on the Way

It is a sign of the economic times that social welfare is again being targeted by a broke Irish government. Years of austerity, cutbacks and tax hikes have not yet been enough to balance the books in Ireland so the next target is those people who have already lost their jobs. The ‘Jobseekers Allowance’ is usually paid for 12 months after unemployment begins but it is likely this will be cut to 9 months after which time the allowance will become subject to a ‘means test’. Such an individual examination of a persons income is likely to result in the … Continue reading Further Crackdown on Welfare on the Way