Keeping The Recovery Going

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Grafton Street

Further to the release of the latest homeless figures last Friday showing 7,941 people registered as homeless in June 2017, 5,046 adults and 2,895 children – an overall increase of 241 people form May 2017…

RTE reports:

Ireland has now recovered from the economic crash of a decade ago, according to Goodbody stockbroker’s latest quarterly Irish Economy Health Check.

It is forecasting a return of domestic spending levels to their 2007 peak this year and suggests that full employment will be achieved by the end of next year.

Goodbody’s report says rapid growth in construction and consumer spending will push core domestic demand beyond previous forecasts and Ireland will retain its status as one of the fastest-growing European economies.

With jobs growing at the fastest pace since 1999, unemployment will fall to just 5% in late 2018, according to Goodbody Chief Economist Dermot O’Leary.

As a result, Ireland may need to start relying on immigrant labour to maintain its momentum as one of Europe’s fastest-growing economies.

Hmmm.

Ireland has emerged from ‘lost decade’ – Goodbody (RTE)

Previously: A Rising Tide

Rollingnews

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16 thoughts on “Keeping The Recovery Going

  1. JD

    A tale of three economies. Urban recovery for qualified workers and professionals. Patchy and pallid recovery for other areas unless they can leverage tourism. Those left behind who have no boats for the rising tide….Partly down to national finances but more so down to a political and establishment failure to plan, prioritise and deliver.

        1. Termagant

          “no. (millions) of people who aren’t homeless” isn’t exactly a hope-inspriing metric for success of what’s supposed to be a thriving 21st century first world country

    1. I love everyone

      The smart, ballsy guys like me never went anywhere
      We just strategically defaulted and left you guys to buy our rounds. Suckers!

  2. gepo the great

    official figures mean nothing. we’ve already proven that repeatedly. simply cannot believe any numbers/stats delivered by the establishment.

  3. Otis Blue

    And when ‘full employment’ is reached we’ll then focus on improving the quality of that employment?

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