The Irish Economic Collapse That's Driving Some to Suicide

Begorra! (2009): There seems to be no solution in sight for the unemployment crisis in Ireland. For similar stories, see: Who Is To Blame For Ireland's Mass Exodus?    • Video   Recession Impact On Spanish Economy    • Recession Impact On Spanish Economy   Meet the California Homeowners Hit Hard by the Housing Crisis    • Meet the California Homeowners Hit Hard by...   Subscribe to journeyman for daily uploads: http://www.youtube.com/subscription_c... For downloads and more information visit: http://www.journeyman.tv/film/4417 Like us on Facebook:   / journeymanpictures   Follow us on Twitter:   / journeymanvod     / journeymannews   Follow us on Instagram:   / journeymanpictures   As Ireland's finances continue to collapse, we offer a backgrounder on how the recession and crash of the property market have changed Ireland's economy beyond recognition. Dole collection day in Dublin. For everyone in the endless queue, tomorrow is full of uncertainty. Redundancy rates are booming and many now rely on charities to survive. The prognosis is bleak: "We forecast that unemployment will continue rising to at least 15%." In Limerick alone, up to 10,000 jobs have been lost in past months. " This is the equivalent to a nuclear attack on the Midwest region, " says the mayor. There are widespread complaints about the government s incompetence ; nine months into the crisis and still no rescue package in sight. This year, Ireland 's economy is due to shrink by an alarming 8%. The impact on people s lives is keenly felt. "Many phoning up are on the brink of ending it ," says Paul of Console Helpline. Sadly, his phone is sure to keep ringing for a while yet. SBS Australia– Ref. 4417 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.