The International Monetary Fund is forecasting that unemployment in Ireland will rise next year while growth will fall.
In its world economic outlook, the IMF said that Ireland's growth for next year would fall to 3%, down from 6.1% this year.
The IMF said that unemployment would rise to 4.5% next year from this year's figure of 3.8%. The IMF said that the 11 September attacks in the United States had dealt a brutal blow to economic prospects in almost every corner of the world.