Finance
The Irish economy has been under serious pressure since the burst in our housing bubble and the world wide economic decline. Here we present some of the statistics related to the Irish economy.
Always the subject of much debate the public sector pay bill accounts for a large percentage of government spending.
The numbers signing onto the live register each month are a solid indicator of the state of the Irish economy. These figures have been rising steadily for over 3 years.
The unemployment rate is the % of the labour force who are currently out of work.
Showing the value of the ISEQ each month. The value of Irish shares has dropped dramatically since 2007.
The end of year Exchequer Returns for Ireland for each year since 2001. The Irish deficit has increased dramatically over the past few years.
It is assumed that both a higher rate of unemployment and a worsening of inflation create economic and social costs for a country.
Going on strike was often times an impulse for certain sections of Irish society to get a pay rise they deemed they deserved. Not in 2010.