QuoteThose are depressing figures. Any thoughts I had of moving home are well and truly up the spout now.
Latest figures out on Friday morning, the 250k mark will be smashed. At current rates, and the 6 weeks since the last released figures, you're probably looking at anything from 20-25k signing on during August.
Those are depressing figures. Any thoughts I had of moving home are well and truly up the spout now.
'Fascists dress in black and go round telling people what to do, where as priests.....'
It still depends on the sector you're looking to move into Pauro.Originally Posted by Pauro 76
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
True. As long as you not in anything related to construction will be no worse in Ireland than anywhere else. Rising interest rates affect all business in all the EU as makes all debt more expensive.
The job losses are across the board, in all sectors. Cappoquin Chickens went up the creek yesterday, they're not involved in construction. Hibernian Insurance shed 800 jobs in the summer, they're also not involved in construction. Dell have taken a hit too. Every sector is affected.
Yes, but some sectors are suffering more than others. Hibernian are oursourcing to India - hopefully the customers give them the kicking they deserve come renewal time.
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
Only 9k of an increase last month, but:
http://www.rte.ie/news/2008/0903/cso.html
The number of people receiving unemployment related benefits rose by 73,200 in the 12 months to the end of August.
According to the Central Statistics Office, this is the largest annual increase in unemployment ever recorded in this country.
It brings the rate of unemployment up to 6.1% - the highest for ten years.
More than two thirds of the increase in unemployment was accounted for by men and a quarter of the total rise in unemployment was accounted for people under the age of 25.
This is the fourth consecutive month during which the annual rise in unemployment has hit a new record.
The total numbers on the dole now stands at 247,384, the highest for ten years.
And unfortunately it looks almost certain that its going to continue to climb further.
Two possible rays of hope (very, very thin rays mind):
1) Oil price falling back which should impact inflation growth
2) Other Eurozone economies slowing dramatically which may force ECB to consider moving to a rate reduction bias
It will be interesting to finally see the Govt's response to the worsening economic situation (which they have been working on, allegedly all summer). I expect to be thoroughly disappointed.
It's not as bad as we thought. It's worse...
Irish Examiner: THE scale of unemployment is far worse than official figures show because another 38,000 people are stuck in a backlog waiting for their dole claims to be processed, the Irish Examiner has learned.
Is that an extra backlog over & above normal waiting times?
Read the article.
Of course they won't all be approved for the dole. But how many will -- half, two-thirds?
adam
Benefit should be fairly easy to determine if entitled. You either have the PRSI contributions or you do not. Allowance could take longer as this might be means tested? Would guess these are people trying to enter the jobs market or could be construction self employed unemployed.Responding to queries from this paper, the department said there were 16,941 jobseeker’s benefit claims and 20,982 jobseeker’s allowance claims — a total of 37,923 — awaiting decision. The department could not estimate how many of these claims would ultimately prove successful.
I presume the department could have estimated the number of successful claims if they wanted to based on historical data.
Should be merged with the "unemployment" thread, imo.
Would well believe those figures. With the amount of bureaucracy involved, it can take anything from 10 days to 6 weeks for the application to be processed, and in the local office where I'm based, there is only the telephone available for out of office assistance,which 99% of the time is unanswered. In 2008, there is no answerphone, no fax, and no e-mail facilities available to speed up the process.
Sorry about that, I knew it belonged somewhere but didn't look far down enough.
Oil rose yesterday up $16 dollars a barrel and likely to rise further due to US uncertainity and if there is a pick up then an increase in demand. donald ducked either way. I had been holding off in the hope that heating oil will come down
The only answer is to employ more staff. Which the government won't allow.Would well believe those figures. With the amount of bureaucracy involved, it can take anything from 10 days to 6 weeks for the application to be processed, and in the local office where I'm based, there is only the telephone available for out of office assistance,which 99% of the time is unanswered. In 2008, there is no answerphone, no fax, and no e-mail facilities available to speed up the process.
54,321 sold - wws will never die - ***
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New blog if anyone's interested - http://loihistory.wordpress.com/
LOI section on balls.ie - http://balls.ie/league-of-ireland/
Yesterdays rise was due to speculators having to unwind positions before a futures delivery date.
Agree though that future prognosis is unclear, at best, on both the demand and supply side.
It doesn't need more staff to provide an answerphone service, or e-mail/fax facilities for correspondance purposes. This is not a recent development, this farcical situation has been going on for as long as I can remember.
It's 2008 now, there should be some form of outside assistance available.
What Ireland were these guys living in for the past 12 months?
http://www.rte.ie/news/2008/1030/economy.html
We are long since above 5% unemployment, and the rate may go up as far as 9% by the end of next year, with the amount of jobs lost every month.
He is correct about this. No point complaining about cuts unless you can propose an alternative.Mr Cowen said that we have to change the economic paradigm and policies, but that this cannot be done if people oppose every cut that is proposed.
Really? 10% increase in spending while GNP is actually decreasing.Mr Cowen said that 10% of Government spending this year has to be borrowed and this is not sustainable.
The National Pay Deal is already irrelevant. Surprising to hear talk from some unions about opposing it even though all the leaders back it as the only option.
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