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Public InquiryInterested in maladministration. Estd. 2005
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national / eu / other press Sunday December 15, 2013 22:52 by O. O'C.
• Number of people employed: Down by 13 per cent since January 2008. • Number of people unemployed: Up from 107,000 in January 2008 to 296,300 today. • Annualised domestic growth rate: –1.2 per cent. • Net emigration: The number of people leaving the country is higher than the number coming in by 35,000. Gross emigration was more than 80,000 last year alone. In six years it went from the highest net immigration level in Europe to the highest emigration, overtaking the Baltic states and Kosovo. Meanwhile a group of students and other young people in Dublin has launched a campaign called “We’re not leaving” after the Government sent out letters encouraging young people to seek jobs abroad. • Government deficit as a proportion of GDP: 7.3 per cent. • Public debt: 121 per cent of GDP in 2013, up from 91 per cent in 2010 and 105 per cent in 2011. • Household debt: 200 per cent of GDP. There are people living on €50 per week or less after paying their bills. We have had eight austerity budgets since 2008; in the community sector there have been cuts of 35 to 40 per cent. • Value of assets underpinning household debt: –56 per cent since the crisis began. •Mortgages in arrears for more than six months: 17 per cent of all mortgages. read full story / add a comment
national / anti-capitalism / other press Sunday December 15, 2013 14:44 by Red Banner
Issue 54 of Red Banner is out now, available from bookshops or from the address above €2 / £1.50 read full story / add a comment |
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