Monday May 25, 2020

Optimism may be misplaced

CSO figures do not reflect accurately the real economic situation, according to business groups

3rd July, 2010

Last week’s pronouncement that the Irish economy had moved out of recession for the first time since 2007, was undermined by a series of other poor results.

The figures from the Central Statistics Office (CSO) jarred with other data which showed that unemployment had risen last month to 13.4 per cent, a 16-year high.

The Live Register figures reveal that the number of people claiming unemployment benefits hit a new record high of 452,882, a...

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