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The labor market in Ireland, 2000–2018

Author

Listed:
  • Adele Bergin

    (Economic and Social Research Institute, and Trinity College Dublin, Ireland, and IZA, Germany)

  • Elish Kelly

    (Economic and Social Research Institute, and Trinity College Dublin, Ireland, and IZA, Germany)

  • Paul Redmond

    (Economic and Social Research Institute, and Trinity College Dublin, Ireland)

Abstract

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.

Suggested Citation

  • Adele Bergin & Elish Kelly & Paul Redmond, 2020. "The labor market in Ireland, 2000–2018," IZA World of Labor, Institute of Labor Economics (IZA), pages 410-410, January.
    • Handle: RePEc:iza:izawol:journl:2020:n:410
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    References listed on IDEAS

    as
    1. Karl Whelan, 2010. "Policy Lessons from Ireland’s Latest Depression," The Economic and Social Review, Economic and Social Studies, vol. 41(2), pages 225-254.
    2. Alan Barrett & Adele Bergin & David Duffy, 2006. "The Labour Market Characteristics and Labour Market Impacts of Immigrants in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 37(1), pages 1-26.
    3. Diarmaid Addison-Smyth & Kieran McQuinn, 2010. "Quantifying Revenue Windfalls from the Irish Housing Market," The Economic and Social Review, Economic and Social Studies, vol. 41(2), pages 201-233.
    4. Duffy, David & McQuinn, Kieran & Foley, Daniel, 2016. "Quarterly Economic Commentary, Autumn 2016," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20163, June.
    5. Alan Barrett & Yvonne McCarthy, 2007. "Immigrants in a Booming Economy: Analysing Their Earnings and Welfare Dependence," LABOUR, CEIS, vol. 21(4‐5), pages 789-808, December.
    6. Duffy, David & McQuinn, Kieran & Morley, Ciara, 2015. "Quarterly Economic Commentary, Autumn 2015," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20153, June.
    7. McQuinn, Kieran & Foley, Daniel & Kelly, Elish, 2016. "Quarterly Economic Commentary, Winter 2016," Forecasting Report, Economic and Social Research Institute (ESRI), number QEC20164, June.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Redmond, Paul, 2020. "Minimum wage policy in Ireland," Papers BP2021/2, Economic and Social Research Institute (ESRI).

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    More about this item

    Keywords

    unemployment; migration; Brexit; Ireland;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • J8 - Labor and Demographic Economics - - Labor Standards
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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