NOVELTY BETTING: Disgruntled workers in the Public Sector are vowing to take Industrial action after bearing the brunt of what was the toughest budget in Ireland’s history.
Disgruntled workers in the Public Sector are vowing to take Industrial action after bearing the brunt of what was the toughest budget in Ireland’s history.
Bookies Paddy Power are betting it’s now only a matter of time before public servants take to the streets and have made January the 1/2 favourite to see strike action.
The odds on the sector striking before Christmas Day is 7/4 while it’s an unlikely 7/1 that they’ll take action during the holidays from 25th – 31st December.
On a more positive note, Paddy Power are quoting strong odds of 7/4 that Ireland will officially come out of recession in t! he 3rd quarter of next year.
When will Public Sector Strike?
7/4 Before Christmas Day
7/1 25th – 31st December
1/2 Any day after 31st December
* Official strike in some branch of the public sector directly in relation to the wage cuts
When will Ireland’s recession end?
7/4 Q3 2010
5/2 Q2 2010
3/1 Q4 2010
9/1 Q1 2010
7/1 Q1 2011
4/1 Q2 2011 or later
* Applies to the 1st quar ter that records positive growth of GDP