Medium-Term Review: 2005-2012, No. 10 December 2005

Fitz Gerald, John and Bergin, Adele and Kearney, Ide and Barrett, Alan and Duffy, David and Garrett, Shane and McCarthy, Yvonne (2005) Medium-Term Review: 2005-2012, No. 10 December 2005. UNSPECIFIED.

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Abstract

After a decade of generally high growth and low unemployment there is a growing aura of invincibility about the Irish economy. Even the short slowdown of 2001-03 did not lead to an appreciable rise in unemployment. Today investment in housing is running at an unprecedented rate fuelling growth elsewhere in the economy. The unemployment rate is close to the full-employment level, the lowest in the EU, and Ireland is seen to be the most attractive labour market in Europe for many of its young mobile population. Introduction

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