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by Roy Brindley |  Published: Feb 01, 2011


A Little Bit of Las Vegas … in Ireland After 3,000 job applications had been received for the 266 vacancies made available by the opening of a new Tesco store in Naas, Co. Kildare, Ireland, at the start of November, the supermarket chain announced they were no longer accepting them. Reports suggest over 6,000 CV’s finally arrived through the letterbox of the Tesco human resources department. It simply confirmed Ireland is in a hole deeper than the Grand Canyon… in every sense. Unemployment is running at 13.6 percent in Ireland; it is in hot pursuit of the 14.4 percent boasted by Nevada, the state with the highest number of unemployed in the U.S. The disintegration of the gambling industry in such hotspots as Las Vegas and Reno has sent unemployment soaring and, amazingly, it’s estimated 65 percent of Nevada’s home owners owe more than their house is worth. The collapse ...

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