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Unemployment in Ireland is now at its lowest level since December 2008 - Leaving Cert Home Economics - Question 3(a) - 2017
Question 3(a)
Unemployment in Ireland is now at its lowest level since December 2008. Total numbers unemployed have now fallen by 52% from the 327,000 peak recorded in 2011. ### ... show full transcript
Worked Solution & Example Answer:Unemployment in Ireland is now at its lowest level since December 2008 - Leaving Cert Home Economics - Question 3(a) - 2017
Step 1
Comment on the information provided above and analyse why unemployment rates have changed in Ireland.
Answer
In 2008, Ireland faced extremely high unemployment rates due to the global recession. The data from 2011 to 2016 indicates a significant decline in unemployment, showing a commitment to economic recovery. Key factors contributing to this decline include:
- Economic Growth: A resurgence in economic activities, particularly in construction and service industries, has created job opportunities.
- Job Creation Investments: Significant investments in job creation schemes by enterprises like Enterprise Ireland and IDA have been successful.
- FDI Encouragement: Policies encouraging Foreign Direct Investment (FDI) have increased employment opportunities.
- Emigration: Many individuals have opted to emigrate, reducing the unemployment figures domestically.
- Government Policies: Effective management of economic policies and job training programs has also positively impacted the job market.
Step 2
Discuss the effects of unemployment on individuals, families and society.
Answer
Unemployment significantly affects:
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Individuals: Financial insecurity leads to a drop in living standards. Unemployed individuals may experience poor self-esteem, increased stress, and mental health issues, including depression and anxiety.
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Families: Families experience increased strain with rising financial burdens, leading to potential breakdowns in relationships. The inability to meet basic needs exacerbates family tensions, and can impact children's education.
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Society: High unemployment rates lead to broader societal issues, such as increased crime rates, decline in community cohesion, and economic stagnation. Unemployment can create a vicious cycle of poverty, leading to long-term dependence on social assistance.
Step 3
Name and give details of one scheme to reduce expenditure for low-income families.
Answer
One notable scheme is the School Books Grant Scheme. This program helps families by providing financial assistance to cover the costs of school books and other necessary educational materials. Details include:
- Eligibility: Families on low incomes or receiving certain social welfare payments are eligible.
- Benefits: The scheme alleviates the financial pressure on families, ensuring children have access to the required educational resources.
- Funding: Local schools implement this grant, allowing students to borrow or obtain textbooks, reducing direct costs for low-income families.