Davy halves jobs forecast

EMPLOYMENT could rise the least in two decades this year according to Davy, the country’s largest securities firm.

Davy halves jobs forecast
Thu, 07 Feb, 2008 - 00:00
Niamh Hennessy

Davy halved its forecast for employment growth for this year from 1% to 0.5% yesterday due to a slump in house building.

That would be the weakest performance since 1991, when payrolls fell by 0.3%.

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