Slí Eile: As unemployment remains high young people are particularly badly affected. Already, the ESRI has assumed a total net outflow of 60,000 in the 12 months ending April 2010 - which if it turns out to be true would represent the highest level of net outward migration since the 1950s.
The OECD has, recently, released data showing both the level and the ratio of youth unemployment (to the total) for OECD countries. See here. Ireland (the Republic) comes third behind Spain and the Slovak Republic in the absolute level of unemployment among 15-24 year olds. Taking account of emigration and the trend towards lower levels of labour force participation the true rate of non-engagement is under-stated. This represents a huge waste of human potential, a massive indictment of failed political policy and a wake up call to all to treat this matter as a national emergency. Where are the indices, the emergency measures, the bail-outs, the think pieces ....Does anyone care? Why is the issue of youth unemployment not treated with the same urgency as was the case in the mid-1980s when it reached high levels?
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