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Irish growth forecast for 2011 and 2012 to be downgraded

AN ECONOMIC FORECAST for the island of Ireland to be published next month is to downgrade the forecasted growth for 2011 and 2012. Ernst & Young’s Economic Eye Winter Forecast will argue that the labour market will take longer to recover than previously thought, according to the author, Neil Gibson, who appeared on RTÉ radio’s This Week programme.

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