Friday , May 17 2024
Home / Real-World Economics Review / Job growth in Ireland. Meuhhh…

Job growth in Ireland. Meuhhh…

Summary:
According to the Irish Statistical Office, economic growth in 2015 was an unbelievable 26%. At the same time, employment increased with 2,4% or 151.000 jobs. A brisk but not exceptional pace and totally at odds with the 26% economic growth estimate. Subsectoral data underscore this anomaly: job growth was located in agriculture, tourism (food and beverage service activities) and construction. And to a much smaller extent in the computer, pharmaceutical and leasing sectors which showed, according to the institute, such an amazing growth.

Topics:
Merijn T. Knibbe considers the following as important:

This could be interesting, too:

Peter Radford writes Lost opportunities?

Bill Haskell writes Very Ill Again

Dean Baker writes The problem with electric vehicles

Angry Bear writes Overall and core Consumer Price Index (CPI) both increased by 0.4 percent in March

Job growth in Ireland. Meuhhh…

According to the Irish Statistical Office, economic growth in 2015 was an unbelievable 26%. At the same time, employment increased with 2,4% or 151.000 jobs. A brisk but not exceptional pace and totally at odds with the 26% economic growth estimate. Subsectoral data underscore this anomaly: job growth was located in agriculture, tourism (food and beverage service activities) and construction. And to a much smaller extent in the computer, pharmaceutical and leasing sectors which showed, according to the institute, such an amazing growth.

Merijn T. Knibbe
Economic historian, statistician, outdoor guide (coastal mudflats), father, teacher, blogger. Likes De Kift and El Greco. Favorite epoch 1890-1930.

Leave a Reply

Your email address will not be published. Required fields are marked *