Cowen says dole claimants will rise to 500,000 by Christmas; Irish unemployment to remain elevated for extended period
Jul 2nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Taoiseach Brian Cowen on Wednesday forecast that the number of dole claimants will rise to 500,000 by Christmas and grow further into 2010. It's clear, given the expected international backdrop of years of slow growth, that Irish unemployment will remain elevated for an extended period.