Central Bank forecasts more people to be employed by 2019 than during Celtic Tiger

Central Bank forecasts more people to be employed by 2019 than during Celtic Tiger
Central Bank, Dublin.

More people are expected to be employed by 2019 than during the Celtic Tiger years.

New Central Bank forecasts for the economy show an extra 89,000 people are expected to be in work - with unemployment falling to 5% by next year.

GDP growth figures have been revised up to 4.4% because of stronger demand from our main trading partners.

However there are risks ahead, according to Central Bank’s Mark Cassidy.

He said: "The central message of the report is that the economy will continue to perform extremely well but we do also caution some risks in relation to Brexit, the border trade and taxation environment and also the potential for over heating as the economy gets closer to full employment." 

- Digital Desk

More on this topic

Mother of woman who died after fire in building with major safety defects calls for full investigation Mother of woman who died after fire in building with major safety defects calls for full investigation

Coughlan’s Kinsale home selling price shows how far he fellCoughlan’s Kinsale home selling price shows how far he fell

Taoiseach admits ‘echos of Celtic Tiger’ exist but says debt is fallingTaoiseach admits ‘echos of Celtic Tiger’ exist but says debt is falling

Expansion not an objective: Stable ambition but contentedExpansion not an objective: Stable ambition but contented


More in this Section

Fine Gael sees popularity boost in latest pollFine Gael sees popularity boost in latest poll

Dooley apologises as footage emerges of him with Collins in Dáil ahead of voteDooley apologises as footage emerges of him with Collins in Dáil ahead of vote

President Higgins and Defence Minister evacuated from hotel in Lebanese capitalPresident Higgins and Defence Minister evacuated from hotel in Lebanese capital

Gardaí appeal for help in search for missing man in GalwayGardaí appeal for help in search for missing man in Galway


Lifestyle

It’s the personal stories from Bruce Springsteen that turn his new ‘Western Stars’ documentary into something special, the director tells Esther McCarthy.Bruce Springsteen's Western Stars documentary more than just a music film

Apart from the several variations in its spelling in Irish and English, Inishtubbrid, Co Clare is also recognised by three other names: Wall’s Island; O’Grady’s Island and Inishtubber which surely puts it up there as the island with most names — not counting say Inisvickillane, Co Kerry which has about 33 variations to that spelling.The Islands of Ireland: In search of tranquility

More and more communities and volunteers are taking on environmental tasks around the country. In Clonmel, Co Tipperary, for example, people have united to get rid of Himalayan balsam, an invasive plant, from the banks of the River Suir.‘Bashing’ invasive plants

Halloween has become a consumer fest in recent years but there are a number of ways to reduce costs and waste — and make itHappy sustainable Halloween: Don’t be horrified with the waste at Halloween

More From The Irish Examiner