Ireland\u2019s higher employment rates, longer life expectancy, and faster-growing population compared to Northern Ireland have been highlighted in a new report launched by the T\u00e1naiste on Monday.<\/p>\n
It is the first in a new series of annual\u00a0reports by the Economic and Social Research Institute (ESRI) comparing the two economies.<\/p>\n
It has highlighted how, last year, Ireland had higher labour force participation and employment rates.<\/p>\n
They stood at 78.5 per cent and 75.1 per cent retrospectively, higher than in Northern Ireland, where the figures were at 75.7 per cent and 74.3 per cent.<\/p>\n
But it also showed that unemployment was higher in the Republic at 4.4 per cent compared to Northern Ireland\u2019s at 1.8 per cent, which reflects the differences in labour market dynamics.<\/p>\n
The report found: \u201cIreland outperforms Northern Ireland across several measures of living standards\u201d, including disposable income and hourly earnings.<\/p>\n
One of the key factors which reflects the effects of income, education and access to health services, the report says, is life expectancy.<\/p>\n
In 2022, it was 80.9 years for men and 84.2 years for women in Ireland, compared to 78.9 and 82.7 years in Northern Ireland, a gap of about two years for men and 1.5 years for women.<\/p>\n
An area of notable contrast is population growth; the report outlines how between 2015 and 2024, Ireland\u2019s population grew by 14.8 per cent, while Northern Ireland\u2019s population grew by 3.9 per cent.<\/p>\n
The report did note the difference between how policy is formed in the two jurisdictions, as Ireland is a sovereign state and Northern Ireland is a devolved nation.<\/p>\n
But did say the programmes for government in both shared common themes of productivity, competitiveness and decarbonisation.<\/p>\n
The work is part of a project between the ESRI and the Shared Island Unit in the Department of the Taoiseach and aims to \u201cdevelop further joint understanding of the economies of Ireland and Northern Ireland in an effort to support policy development, inform future research, and encourage greater collaboration on shared challenges and opportunities across the island\u201d.<\/p>\n
Launching the report, Simon Harris said: \u201cThe series will build up a crucial evidence base on economic similarities and differences, North and South, and help identify how we could cooperate more for mutual benefit, across a range of policy areas.\u201d<\/p>\n
Commenting on the findings, co-author of the ESRI report, Alan Barrett said: \u201cOur goal is to assess over time how the two economies evolve and how policy is influencing those evolutions, always with a view to informing policy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Ireland\u2019s higher employment rates, longer life expectancy, and faster-growing population compared to Northern Ireland have been highlighted in…\n","protected":false},"author":2,"featured_media":305894,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-305893","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/305893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=305893"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/305893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/305894"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=305893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=305893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=305893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}