Ireland is close to ‘full employment’, new CSO figures show
THE economy is now close to full employment as the jobless rate slumped to just 4.4pc. This is a sharp fall from the height of the recession when it hit almost16pc. The Central Statistics Office’s latest figures show the unemployment rate stood at 4.4pc last month, down from 4.6pc in April. It was 5.6pc in […]
Irish FDI soars 52pc as UK and Europe stall
IRELAND delivered a Brexit-busting performance in attracting foreign direct investment in 2018, according to a European-wide analysis of FDI trends. The annual EY European Attractiveness Survey found that Ireland won 205 new FDI commitments last year, up 52pc from 2017. That cut against the grain of an overall 4pc decline in FDI growth across Europe […]
Affordability is key issue for pension system study
Employment minister Regina Doherty has commissioned a key study into the affordability of a new auto enrolment system for pensions that she has insisted is on course to launch in 2022. The new system is aimed at trying to ensure that young workers will have adequate savings by the time they retire. But there is […]
Euro dips on Italian debt worries and trade tensions
Euro dips on Italian debt worries and trade tensions The euro dipped today as investors nervous about trade tensions bought into the safe-haven dollar and fretted that political risks in Europe remain high. This is despite the fact that pro-Europe parties won a majority of European parliamentary seats. Remarks by two euro zone officials that […]
Mortgage approvals rise by 9.5% in April – BPFI
Mortgage approvals rise by 9.5% in April – BPFI New figures from the Banking and Payments Federation Ireland show that just over 4,100 mortgages were approved in April. This is down slightly month on month, but up 9.5% on an annual basis. The figures show that just over half of those mortgages went to first […]