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ESRI says 2015 should see an unemployment rate of just under 10%

The Economic and Social Research Institute latest quarterly commentary says it expects stron...
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Newstalk

17.16 16 Dec 2014


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ESRI says 2015 should see an u...

ESRI says 2015 should see an unemployment rate of just under 10%

Newstalk
Newstalk

17.16 16 Dec 2014


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The Economic and Social Research Institute latest quarterly commentary says it expects strong growth to continue into next year, of around 4.6% GNP.

2015 should see an unemployment rate of just under ten percent.

The ESRI says there should be more flexibility on new Central Bank Mortgage regulations which mean buyers must have a deposit worth 20 percent of the asking price.

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The Economic and Social Research Institute is giving a broad welcome to the measures, but is recommending that they be applied depending on what's happening in the housing market.

Economist David Duffy says the Central Bank measures are positive, but need greater flexibility:

Originally published 16/12/14


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