Unemployment may reach 450,000 (Ireland)

[Coggeh]

Straight from the Bif's mouth this time :

Taoiseach Brian Cowen has warned the number of people unemployed in Ireland could rise to over 450,000 unless drastic action is taken.


Speaking in the Dáil this morning, the Taoiseach said the number of people signing on for jobseekers' payments hit a new record high of 354,400 in February.

http://www.irishtimes.com/newspaper/breaking/2009/0304/breaking28.htm

Employment is not set to push 20% of the working population

1 out of 5 will be out of the job

On a personal note : My sister has just been told her job is gone after hoping to look for a house with her boyfriend . Pricks.

[swirling_vortex]

/puts on Republican hat

Hey, don't worry! All we have to do is sell Iceland short on the stock market and we'll make millions! Right guys? Guys?

/takes off hat

Yeah, it's unfortunate that the banking crisis is threatening to shut the island down, but I think they can do some revival if they look into their energy sector. I still think hydrogen power is going to make a good export for them in the future.

[Coggeh]

/puts on Republican hat

Hey, don't worry! All we have to do is sell Iceland short on the stock market and we'll make millions! Right guys? Guys?

/takes off hat

Yeah, it's unfortunate that the banking crisis is threatening to shut the island down, but I think they can do some revival if they look into their energy sector. I still think hydrogen power is going to make a good export for them in the future.
This is Ireland ... not iceland :lol:

We don't have them sort of luxuries :( lol

[Dóchas]

i heard on the radio yesterday that 1000 jobs are being lost every day!! im not sure where is being hit worst but waterford seems to be stuggling pretty badly

[ComradeOm]

im not sure where is being hit worst but waterford seems to be stuggling pretty badlyWaterford has had some big losses but Dundalk's economy has really been decimated. Between the long running evacuation of industry from the area (and the country), the current recession, and the flight of shoppers across the border... well, its bad. You can't walk down Park or Clanbrassil St without noticing the horde of Let/Sale signs

Anyways, to give some stats I heard on the radio yesterday, over 10% of the working population is currently unemployed and over 60k peoples have signed on the dole in the past two months

[Dóchas]

Waterford has had some big losses but Dundalk's economy has really been decimated. Between the long running evacuation of industry from the area (and the country), the current recession, and the flight of shoppers across the border... well, its bad. You can't walk down Park or Clanbrassil St without noticing the horde of Let/Sale signs

Anyways, to give some stats I heard on the radio yesterday, over 10% of the working population is currently unemployed and over 60k peoples have signed on the dole in the past two months

ye i forgot about the shoppers going to north, shit id say all the towns just south of the borders are really struggling. id say with the anglo-irsh controversy we are only scratching the surface i bet all the bankers arent stuggling that much

[swirling_vortex]

This is Ireland ... not iceland :lol:

We don't have them sort of luxuries :( lol
Well, at least you have beer. :)

[Dóchas]

Well, at least you have beer. :)

does iceland have some sort of beer shortage :confused:

[LeninBalls]

So far everything where I am seems ok (Co Clare) ... my dad is still in construction work and none of my teachers have been fired!

[Andropov]

My father is in construction and they are letting people go left right and centre.
The Construction Industry, once the heart beat of the Irish Economy is now imploding.
Its so bad that they will not even take on Engineering graduates for work experience even when they say they will work for free, that is how little work there is around here.