Country reports

Ireland
The transformation of Ireland’s economy over the past decade has been characterized by the fastest growth in output and employment in the OECD. The main macroeconomic issue for the Irish economy at present is the rise in consumer price inflation. Factors such as tight labor markets, increasing mortgage interest rates, increased sterling exchange rate and the recent rise in oil prices have all contributed to inflationary pressures. Industrial workers’ wages continue to rise, benefiting from the tight labor market. Unionization rates are high by European standards. Despite most workers doing relatively well, poverty is increasing.

  • To read a detailed labor market analysis for Ireland, download one of the following:
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Source:
NUI National University of Ireland, Galway
Newcastle Road
Galway, Republic of Ireland
Tel:  (011) 353 91 524411
http://www.nuigalway.ie/

Data posted: April 23, 2001.

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