Yesterday’s (May 24th) Labour Force Survey (LFS) showing employment up another 1.9% in Q1 2023 to 2.61m indicates that Ireland’s exceptional pace of job creation is showing little sign of slowing down. Remarkably, employment is now 12% above pre-pandemic levels. Further, April’s Services PMI indicated that job creation had accelerated to its fastest pace in six months. Hence, we will soon have to revise up heavily our forecast that jobs growth in the Irish economy would slow to 1% in calendar year 2023.
Davy research
Davy ResearchOcado Group - A digital-super-market-market
Davy ResearchDatalex - At an inflection point
Davy ResearchGreencore Group - Resilient H1 performance underpins FY23 outlook
Davy ResearchARYZTA - Strong performance continues
Davy ResearchFast Fashion - Fashion players’ forecast update: 2023, the year of… cashflow?
Davy ResearchDisruptive technology - Week 20 – US Bellwether Blast: Nvidia’s Q124 earnings
Davy ResearchMarket comment - Investors add to bets Bank of England to hike aggressively
Davy ResearchLufthansa - Lufthansa-ITA transaction positive for the industry