The Central Statistics Office’s latest Labour Force Survey shows that a total of 2,353,500 people were employed in the first quarter of 2020. This gives an associated employment rate of 69.8% for those aged between 15 and 64 years, the CSO added. But when the effects of the coronavirus are taken into account, the Covid-19 Adjusted…
Tag Archives: COVID-19
The number of people receiving the Covid-19 Pandemic Unemployment Payment has fallen slightly by 5,000 to 584,600 over the last week, new figures show. Of those, 7,000 are receiving the €350 weekly payment for the first time. A further 214,700 people were receiving Jobseekers’ Benefit of €203 a week at the end of April. When…
The Central Statistics Office has found that a majority of companies have continued to trade through the Covid-19 pandemic. In the second of the CSO’s new Covid-19 business surveys, conducted in the week beginning May 3, 76% of companies which responded said they were continuing to trade. But 23.9% indicated they had ceased trading either…
The Labour Court is to convene virtual case hearings for the first time from 2 June in order to comply with public health guidelines on the coronavirus. The majority of currently scheduled hearings involve industrial relations matters and will be heard in private. However, in a statement, the Labour Court says it is satisfied that…
Irish banks expect the “biggest ever decrease” in the demand for mortgages and consumer loans as a result of the impact of the Covid-19 pandemic. That is one of the results from analysis of the quarterly Bank Lending Survey published by the Central Bank today. The Central Bank said the fall in demand will be…
There was a dramatic increase in traffic for online retailers compared to pre-Covid levels in the last week, as stores remained shut and consumers enjoyed some retail therapy online. New data compiled by digital agency Wolfgang Digital found that between May 4 and 10, internet traffic rose by 60%, and online revenues were up 162%….
The employers’ group Ibec has launched a recovery plan for the economy which calls for a future government to commit a further €15bn in supports and investments. The plan calls for the economic and fiscal response to the Covid-19 crisis to match the scale of the downturn it will create. It calls for debt write-offs for businesses, cash…
The latest retail data shows that 50% of households in Ireland bought baking supplies in recent weeks, with flour sales up 52% and sugar sales rising by 43%. The data from Kantar also shows that home grocery sales grew by 17.2% in the 12 weeks to 19 April. But Kantar said that sales of non-grocery…
There are now 598,000 people dependent on the Covid-19 Pandemic Unemployment Payment, which is up 7,000 in the last week, according to the latest figures from the Department of Employment Affairs and Social Protection. This week’s Pandemic Unemployment Payments will cost €209.3m, with 11,000 recipients receiving the payment for the first time this week. Workers…
New figures from the Central Statistics Office show that 23.3% of businesses have ceased trading temporarily since the outbreak of Covid-19, while 0.6% have ceased trading permanently and 76% continue to trade. The CSO today published the first results of its Business Impact of Covid-19 Survey, the first of a temporary fortnightly snapshot of how…
