Unemployment fall is predicted

Ireland's unemployment levels should continue to fall, according to the Hibernian Investment Managers group.

The group has said the outlook for the Irish economy over the coming year is positive.

It has forecasted job growth and more inward investment.

Martin Nolan, managing director of Hibernian Investment Managers, has said the so-called economic slump of the past few years won't continue.

Mr Nolan has said: "I think a slump is only a relative term.

"We have had the fastest growth rate in Europe for many years, we are the apple of the eye in Europe.

"Now we think the prospects for Ireland are good and we will see a net increase in employment."