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Read more about: Economy, Fianna Fail, Government, Irish Politics
The Live Register jumps 12,000 in one month, the biggest ever such increase for the third month in a row while the standardised unemployment reaches 5.5%.
International factors I hear you say? Then why has unemployment being falling over the past year in the EU and the industrialised world more generally?
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A second Irish referendum? Eurocrats have a better idea
Dan Hannan at the Telegraph reckons the plan in Brussles is not for a second referendum but instead to parachute in sections of the Lisbon Treaty via legislation.
"Are Americans and Europeans simply more compassionate than Asians?" asks Ian Buruma. Asking why it is that Chinese and Malaysian warships are not sitting of the Burmese coast with food. Thought provoking? Or a bit prejudiced?
Jurge Habermas once argued that the EU could provide a model for a new constellation of democratic politics allowing for transcendence of national partisanship. Now he is not so sure - the EU response to Lisbon is tending towards authoritarianism
Did the Commission Lie About its Own Poll?
Openeurope asks whether the commission engaged in a little bit of number fudging in the run up to its poll being released. If it didn’t I am thinking that political leaking took place from elsewhere in the system.
but it will smell awful
For the same subject — why did the HSE hire management consultants to do a report into where a northeastern regional hospital should be built when Dermot Ahern now says there’s “not a red cent” to build it? Sounds like a breakdown in budget procedures.
and the day that the Central Bank rounds down growth projections for this year to 2.1% GDP and 1.9% GNP.
The Ahern story is interesting - though no doubt we will be told that the NDP will be staggered with funding put on some projects first and then others - budget procedures seem unchanged P, spend when we have it, starve when we dont.
The interesting aspect of the figures is that male unemployed increased by 0.05% and female by 0.09%. Now forgive me for being sexist but most jobs in construction are male. So the female increase points to another factor in the economy. Possibly the services sector possibly not
Then why has unemployment being falling over the past year in the EU and the industrialised world more generally?
Because the Celtic Tiger was based on a fundamentally different basis than those others, perhaps? (What do we manufacture? What natural resources do we mine, apart from zinc?)
Interesting Financial Times assessment of the situation facing Cowen both on the economy and transparency.