Sunday Test - Joblessness: the good, the bad and the ugly
Live register figures published last week showed another fall in unemployment.
The jobless rate will now likely fall below 10 per cent before 2016 and the run-in to a general election. But international comparisons put Ireland’s jobless rate in a less-flattering light. The history of Ireland’s slow recovery from the huge unemployment of the 1980s shows that the economic scars remain for generations. Despite the recovery, many who lost their jobs during the recent crash will never work again.
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