Joe Lynam
๐ค SpeakerAppearances Over Time
Podcast Appearances
And if you look at the statistics around workers, one in five people
who are in the Irish workforce today is actually international.
So we can see how when you've got a low unemployment rate and you've got a growing population, that is how there is a confluence there about where people are joining the workforce from.
And then also in that piece, it mentioned that 41% of people said they had lost staff over the past six months.
Now, I was thinking about that too.
Of course, that can happen because people leave the workforce and they may, of course, move to another job or there can be what we call organic shortages from that perspective.
But the other side of things as well is digital labour, of course, is that now with the rise of AI and with particularly even before that, the rise of automation,
it can also be the case that we have got a situation where there are more and more jobs being done now by technology.
Now, always, of course, the other side of that is that we do need people to program the technology and to figure out how to put generative and agentic AI and so on in place.
But it's just interesting that that is currently what is dominating that particular study.
As I say, that piece was in the examiner.
Now, in addition as well, there's two stories breaking here this morning.
One is that there's an AI debt boom that is pushing US corporate bond sales close to a record.
And we can see that in the FT.
And then in addition as well, Bloomberg has just shared an update here as well to say that Trump's tariff war unravels India's dream of challenging China in toy making.
Breakfast Business with Enterprise Ireland on Newstalk.
Breakfast Business with Enterprise Ireland on Newstalk.
Yesterday, we heard from the IDA that it had yet another record year despite the threat of tariffs and a global slowdown.
Now, the Central Bank of Ireland also paints a positive picture for the domestic economy in its latest quarterly bulletin.
It says that modified domestic demand will end up just below 4% this year and a more modest 2.9% next year.