Unemployment is low and falling,
interest rates are on the floor,
Average incomes at their highest ever in the country and Irish incomes are higher relative to other countries than ever before.
GDP growth is among the highest in Europe.
Ireland today really is in an economic sweet spot.
This is even better than the Goldilocks scenario, growth hot enough to reduce unemployment but so hot as to stoke inflation. We actually have a superGoldilocks situation, growth is fast enough that unemployment is falling like a stone, while inflation is almost non existent due to our membership of the Euro.
Long may it continue.
interest rates are on the floor,
Average incomes at their highest ever in the country and Irish incomes are higher relative to other countries than ever before.
GDP growth is among the highest in Europe.
Ireland today really is in an economic sweet spot.
This is even better than the Goldilocks scenario, growth hot enough to reduce unemployment but so hot as to stoke inflation. We actually have a superGoldilocks situation, growth is fast enough that unemployment is falling like a stone, while inflation is almost non existent due to our membership of the Euro.
Long may it continue.