Action required as many are left asking "where's our recovery?"

Despite the growth rises in GNP and GDP, and the falling unemployment rate, a feeling of recessionary ire remains. There is a disconnect in the economy, writes Tom O’Connor
Action required as many are left asking "where's our recovery?"

The rate of growth was 7.8% in terms of GDP and 5.7% GNP last year — and GNP rose 1.3% in the first quarter this year. The economy has grown for each of the last three years. There has been a sharp drop in unemployment .

Yet so many people still feel as if the recession hasn’t gone away. The Samaritans is witnessing a large volume of calls from people who can’t make ends meet, while many businesses are busy paying back debt, still playing economic catch-up. There is no sense of economic euphoria among average workers and their families.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited