Labouring the Point
by AIB Treasury Economic Research Unit
- National Accounts data show that GDP is in decline, but this largely relates to a fall in contract manufacturing activity abroad by Irish based companies.
- In total, the economy added over 100,000 jobs in the past year.
- Meantime, the participation rate increased by 1.0 percentage point to 65.8% over the past year, boosting the labour force by 52,000.
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