The labor market in Ireland, 2000-2018

Artikel

Ireland was hit particularly hard by the global financial crisis, with severe impacts on the labor market. Between 2007 and 2013, the unemployment rate increased dramatically, from 5% to 15.5%, and the labor force participation rate declined by almost five percentage points between 2007 and 2012. Outward migration re-emerged as a safety valve for the Irish economy, helping to moderate impacts on unemployment via a reduction in overall labor supply. As the crisis deepened, long-term unemployment escalated. However, since 2013, there is clear evidence of a recovery in the labor market with unemployment, both overall and long-term, dropping rapidly.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2020 ; Bonn: Institute of Labor Economics (IZA)

Classification and Topics

• Classification: Wirtschaft ; Labor Force and Employment, Size, and Structure ; Mobility, Unemployment, Vacancies, and Immigrant Workers: General ; Unemployment: Models, Duration, Incidence, and Job Search ; Mobility, Unemployment, and Vacancies: Public Policy
• Subject: unemployment ; migration ; Brexit ; Ireland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Bergin, Adele ; Kelly, Elish ; Redmond, Paul
• Event: Veröffentlichung
• (who): Institute of Labor Economics (IZA)
• (where): Bonn
• (when): 2020

Further information

• DOI: doi:10.15185/izawol.410.v2
• Handle: http://hdl.handle.net/10419/223615
• Last update: 10.03.2025, 11:46 AM CET