Goodbodys suggest Ireland has exited recession; Groups warn many left behind

Ireland has exited its lost decade of recession according to Goodbody Stockbrokers but advocacy groups are warning that deprivation levels remain high for many.

In a report today Goodbody pointed to double-digit construction growth and continued consumer spending as driving Ireland’s core domestic demand.

But the think tank, TASC, say some people are being left behind and that there is a layer of people at the bottom of society whose living conditions are not improving.

TASC Director James Wickham also pointed to the lack of housing as an issue.

"Coventional indicators of inequality are mostly falling ... but those measures don’t take into account the rising costs of food and crucially, of course, housing. Five years ago there was no jobs and lots of housing and now it it is the other way round.

Seamus Boland from Irish Rural Link also suggested many areas and people are still lagging behind.

"Yes jobs are being created in the regions but they are very much at lower pay levels."


Email Updates

Receive our lunchtime briefing straight to your inbox

Related Articles

More in this Section

Offaly Rose Jennifer Byrne named Rose of Tralee 2017 winner

Lightning leaves 2,000 with no electricity; flooding reported in four counties

Gardaí issue appeal for help in finding teenage boy

Latest: Six people in hospital, one in serious condition, after pedestrians hit by car in Dublin


Today's Stories

An inconvenient truth: Warning of more extreme weather as climate change effects hit home

Minister urges transparency on RTÉ stars’ pay

Labour would back Michael D Higgins in Áras run

Bin charge hikes unlikely this year

Lifestyle

GameTech: Uncharted territory looks very familiar

Detroit's racist themes are sadly relevant to this day

#Hashtag10: Important Irish hashtags of the last 10 years

Friendship is taken as read when you're part of a book club

More From The Irish Examiner