Blog

Reflections on Macroeconomics, Developmental issues in the Global South, the Irish Economy, and Economics Pedagogy.

Ireland

Full Employment, Skills Shortage, No Bargaining Power

Ireland is at full employment and reports critical skills shortages, yet graduate pay has fallen in real terms. The gap is explained by an immigration system that ties non-EU graduates to a single sponsoring employer, creating a continuously replenished, low-bargaining-power labour pool.