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Fri 01 Jan 2009Spectre of gloom looms for those who keep their jobs as well as those laid off

GOING, GOING gone. Once these three words were the oft-repeated mantra of Ireland's busy auctioneers; now they form a gloomy synopsis of the state of the Irish jobs market.

With no homes going under the hammer, the axe fell on jobs in the construction sector over the course of 2008. A decisive coinciding blow from the global economic crisis saw the reverberations spread through all sectors of the economy.

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