ESRI warns Ireland needs to keep attracting migrants to maintain economic growth
The ESRI estimates that real wages – when inflation is deduced from nominal pay growth – will expand by 2.2 per cent this year and 3.1 per cent in 2025. Photograph: Gareth Chaney/Collins Photoscontinued to ease and the labour market remained tight with the unemployment rate running at about 4 per cent, according to the
“The channel is making a very strong contribution in certain sectors of the labour market,” Mr McQuinn said, highlighting, for example, that more than one in five workers in human health and social work activities in the State have come from countries outside the EU.Car parking at Dublin Airport is big business, so why has the sale of the unused QuickPark facility stalled?“We’ve seen the difficulties the UK has been experiencing in certain sectors of the labour because of Brexit.
It sees gross domestic product , a broader measure of the economy, expanding by 2.5 per cent this year, following a 3.2 per cent drop in 2023 as a result of a decline in activity in the pharmaceuticals and information technology sectors.
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