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ESRI says economy has turned a corner

The ESRI says Ireland's economy has now turned the corner - and it predicts the recovery will spe...
Newstalk
Newstalk

07.16 18 Dec 2013


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ESRI says economy has turned a...

ESRI says economy has turned a corner

Newstalk
Newstalk

07.16 18 Dec 2013


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The ESRI says Ireland's economy has now turned the corner - and it predicts the recovery will speed up significantly next year.

The Economic and Social Research Institute says the economy will grow by 2% in 2013 - and is likely to increase by 2.7% next year.

It's putting the growth down to a 'significantly' improving labour market.

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The ESRI predicts that unemployment will fall to 12% in 2014 - down from 13.1% this year.

An Institute report says third-level graduates have benefited most, so far, from the improved labour market.

Senior Research Officer David Duffy says the figures point to a stronger economy - but risks remain:


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