Oliver Mangan: Labour market data paints a picture of a flexible and dynamic economy
The economy added over 100,000 jobs in the past year.
National accounts data show GDP is in decline, but this largely relates to a fall in contract manufacturing activity abroad by Irish-based companies.
The latest labour market data, by contrast, point to a still strong Irish economy. Employment was up by 4% in the past year and rose by 1% between the second and third quarters of 2023, according to the latest CSO figures.
