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Engineering and construction among hardest to fill jobs
New data shows that instrumentation engineers, ad reviewers, and mechanical and electrical project managers are the most difficult jobs to fill. The ‘Hardest to Fill Jobs’ analysis of Irish job posts by jobs site Indeed shows that online moderators, tax consultants and construction specialists are also proving difficult to recruit. Indeed’s analysis examined job postings…
Read MoreMajority want stricter regulation of social media algorithm – survey
Almost three-quarters of Irish people believe that social media algorithms, that select the content users see, should be regulated more strictly. The findings are contained in new research from the Irish Council for Civil Liberties (ICCL) and Uplift which also shows that 82% of those surveyed believe so-called “recommender systems” should be switched off. Recommender…
Read MoreStamp duty on block-buying homes to be reviewed
Minister for Housing Darragh O’Brien has said that the 10% stamp duty rate, which is applicable to international investors who buy more than ten residential properties, will be reviewed. He was replying in the Dáil to Sinn Féin’s Spokesperson on Finance Pearse Doherty, who said that such investors are block-buying new homes at a rate…
Read MoreOil prices rise on strong IEA and OPEC demand estimates
Oil prices rose today as the International Energy Agency (IEA) joined producer group OPEC in forecasting strong growth in global oil demand and as cold winter weather disrupted US crude output while the government reported a big weekly draw in crude inventories. Oil traders also worried about geopolitical risks in the Middle East. Pakistan conducted…
Read MoreNumber of new homes under construction hits record high
Building work began on 32,801 new homes last year, the highest number on record, new data shows. The figure for commencement notices lodged in 2023 compares to 26,957 in 2022, an increase of 21.5%. It follows a strong end to the year, where the number of commencement notices filed in December rose 76% compared to…
Read MoreIreland top European country for data fines
Ireland has once again topped a league table of European countries for issuing data fines. The 2024 edition of global law firm DLA Piper’s annual GDPR and Data Breach Survey shows that supervisory authorities across Europe have issued a total of €1.78 billion in fines since 28 January 2023, which is an increase of 14.1%…
Read MoreWage growth in Ireland eases to 3.7%
Wage growth in Ireland slowed at the end of 2023 and has dropped to 3.7% year-on-year, according to a new report from jobs site Indeed and the Central Bank of Ireland. The research shows that the wage growth rate in Ireland is below the 3.8% recorded across the euro area and the slowest since April…
Read MoreTaoiseach to meet world leaders and CEOs in Davos
Taoiseach Leo Varadkar is in Davos for the World Economic Forum, which has so far been dominated by the conflicts in the Middle East and Ukraine. Mr Varadkar is expected to meet a number of world leaders and hold bilateral talks with the chief executive officers of several global corporations. He arrived in Davos last…
Read MorePlan launched for future of digital creative industries
The Government has launched a plan to boost growth in the digital creative industries. The roadmap will focus on commercial design, digital games and content creation including advertising and commercial social media content. The plan is designed to leverage the potential of the sectors for sustainable employment, export growth and regional development. Implementation of the…
Read MoreInflation rate moves up to 4.6% in December – CSO
The annual rate of inflation rose in December, driven by increases in prices in areas such as restaurants and hotels, mortgage interest repayments and rents and package holidays. The Consumer Price Index climbed to 4.6% in the year to the end of December, the Central Statistics Office said today. That compares to 3.9% in the…
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