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Read more: The Initial Labour Market Impact of COVID-19
Economic Letters, Vol 2020, No. 4, Central Bank of Ireland Stephen Byrne, Dermot Coates, Enda Keenan and Tara McIndoe-Calder The Digest Series presents summaries of papers that make contributions to policy debates that have already been published by the identified authors in cited outlets. Introduction Job losses since the outbreak of COVID-19 are concentrated in…
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Read more: Changes to the Irish Labour Market: Has there been an even recovery?
During the Great Recession (2008-12) the Irish labour market experienced significant changes with the employment rate falling below 60% and the unemployment rate rising to almost 16% in 2012.
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Read more: The National Minimum Wage
Since its introduction in 2000, the National Minimum Wage (NMW) in Ireland has increased from €5.58 to the current rate of €9.80 in 2019. This represents an increase of €4.22 or 75.6% in nominal terms, but 31% in real terms, when we adjust for inflation.
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Read more: Education and Employment: a review of educational attainment and labour market outcomes
In the last decade, there has been a dramatic increase in the educational attainment of the adult population. The proportion of those aged 25-64 years with Tertiary education increased from 33% in 2006 to 47% in 2018
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Read more: Higher Education Trends: Graduate Employment Outcomes and Salaries
The past five years have seen significant changes in graduate employment outcomes and salary patterns. At present the graduate employment market is buoyant with increasing proportions of Level 8 Honours and Levels 9 and 10 Postgraduate Research[1] graduates reporting to be in employment nine months after graduating
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Read more: Trends in Employment and Unemployment: An Incomplete Recovery
At the end of 2018 employment had increased to over 2,281,300, its highest level ever, and the unemployment is the lowest recorded in a decade. However, recovery in the labour market remains incomplete: the employment rate is lower than before the Great Recession, youth employment remains low while youth unemployment is more than twice the…
