Tag Archives: COVID19

Annual property prices jump by 13.5% in October – CSO

Property prices in October rose by 13.5% on an annual basis to mark the fastest annual pace of growth in over six years, according to the latest figures from the Central Statistics Office. This is an increase on the 12.5% rate recorded in September. Today’s figures show that prices in Dublin rose by 12.3% while…

Is it time to rethink employment services for the long-term unemployed?

Opinion: the experience of those using public employment services such as JobPath shows they’re not fit for purpose At the last count, just over 225,000 people were on the Live Register or receiving the Pandemic Unemployment Payment. This figure will no doubt increase in the coming weeks, as the latest wave of restrictions take hold….

56% of workers will only apply for flexible or remote working jobs – Indeed

A new survey shows that 56% of Irish working-age adults say they will in future only consider jobs that offer flexible working, or allow them to quit the office forever. The latest monthly Job Search Survey from Indeed also shows that 18% of respondents said in future they would only apply for jobs allowing remote…

Report highlights ‘seismic’ potential of digital economy in Ireland

The digitisation of the Irish economy could potentially be worth around €300 billion in 2023, accounting for 65% of economic output. That is according to forecasts by Amárach and the International Data Corporation contained in a new report by Microsoft Ireland. The research, which was carried out with over 360 business decision makers and technology…

Virtual general meetings allowed to continue as Companies Act extended

The interim period of the Companies Act 2020 has been extended to the end of April next year following Government approval this week. The Act makes temporary amendments to the Companies Act 2014 and the Industrial and Provident Societies Act 1893 to address issues arising as a result of Covid-19. It ensures that 240,000 companies…

Bord Bia: Food service sector won’t fully recover until 2023

The food service sector in Ireland will not return to pre-pandemic levels until 2023 at the earliest, according to a new report by Bord Bia. While the value of the sector increased by 14.6% this year, the Irish food promotion board said it remains 41% lower than pre-pandemic turnover levels. Bord Bia said it expects…

NPHET examining hospitality curbs, household visit limit

The National Public Health Emergency Team is believed to be considering a range of curbs on the hospitality sector tonight, with the aim of reducing transmission of Covid-19. The measures being assessed are thought to include eliminating the capacity of people to book multiple tables, and also reducing numbers to six people per table. It…

Eurogroup head Donohoe confident Omicron won’t derail recovery

Finance Minister Paschal Donohoe is confident the euro zone’s recovery can be sustained into next year even if the Omicron coronavirus variant requires new public health measures, he told the Reuters Next conference today. Mr Donohoe is also the head of the Eurogroup of euro zone finance ministers. Paschal Donohoe said his confidence was based…

Jobless rate, including Covid-19 payouts, falls to 6.9% – CSO

The unemployment rate, including people receiving temporary Covid-19 jobless benefits, fell to 6.9% in November from 7.9% in October, the latest Central Statistics Office figures show today. The CSO said this measure of unemployment had stood at 20.4% the same time last year. Excluding those on the Pandemic Unemployment Payment, which will be withdrawn in…