In recent years, the Irish economy has experienced a sustained expansion phase and the unemployment rate is approaching pre-crisis levels. Yet the participation rate has not fully recovered. Given the role of labour supply in determining actual and potential economic growth, it is crucial to understand why participation has not bounced back as the Irish economy recovered. This note analyses the structural and cyclical drivers of the Irish participation rate. It describes the difference in participation between natives and non-Irish nationals, explains the medium term outlook for participation and highlights policy options.
Information and identifiers
Economic Brief 51. November 2019. Brussels. PDF. 18pp. Tab. Graph. Bibliogr. Free.
ISBN 978-92-79-77380-8 (online)
ISSN 2443-8022 (online)
JEL Classification: E24, J21, J61
European Economy Economic Briefs are written by the staff of the European Commission’s Directorate-General for Economic and Financial Affairs to inform discussion on economic policy and to stimulate debate. The views expressed in this document are solely those of the author(s) and do not necessarily represent the official views of the European Commission.