Skip to main content

Anger At State's Silence On 'Brain Drain'...

THE Government has been accused of presiding over a graduate "brain drain".


Unemployment among graduates has almost trebled in the past two years, and student leaders say more and more college leavers are being forced to quit the country.

Central Statistics Office (CSO) figures reveal there were 68,600 unemployed graduates in March, compared with 25,400 at the same time in 2008.

The jobs problem is greater for males, who account for 60pc of out-of-work graduates, up from 56pc two years ago.

The Economic and Social Research Institute recently warned that 200,000 people may be forced to emigrate between now and 2015 if unemployment is not addressed.

And the Union of Students in Ireland (USI) says many of these will be highly skilled graduates.

USI president Gary Redmond said it was ironic the Jeanie Johnston famine ship was docked in Dublin's IFSC, the area that was once the heart of Ireland's Celtic Tiger economy.

USI members are planning a protest at the ship today to highlight the plight of graduates forced to leave the country in search of work.

Mr Redmond said CSO figures for June showed that 91,646 people under the age of 25 were unemployed. He said the Government continued to pay lip service to ambitions of building a knowledge-based economy.

"Their silence on the issue of graduate unemployment is deafening. USI is not prepared to stand idly by while this Government oversees the loss of yet another generation of young Irish men and women," he said.

The unemployment figures may not reflect the full picture as many graduates are now staying in college to pursue further education, in the hope of an upturn in coming years.

A recent survey found job prospects and starting salaries for graduates were slowly picking up.

Companies preparing for economic recovery in the second half of the year are getting ready to boost staffing -- 34pc of employers predict that they will be recruiting more graduates in 2010, compared with 15pc in the same period in 2009.


Report by Katherine Donnelly - Irish Independent

Popular posts from this blog

Property Ireland - Irish Land Values Go Up Like A Rocket & Fall Like A Stone...

Land values go up like a rocket and fall like a stone... SITE EVALUATION: Why would a developer bid €225,000 an acre in 1999 and €2.8m an acre in 2007? Bill Nowlan explains WHY HAS THE value of development land fallen so precipitously, by over 50 per cent in the past 12 months, when residential and other property values have only fallen by 25 per cent or 30 per cent? There is an old property cliché which says that "land values go up like a rocket and fall like a stone" and this seems to have been bourne out in Ireland over recent years. Why does this happen? To answer this question requires an insight into the way developers prepare their bids for development land and I set out below a glimpse into that process. Let me start by looking at how a developer in normal times estimates his bid for a plot of land with planning permission, which in estate agents' parlance is ready-to-go. The key starting point in a developers equations is the expected sale price of the finished b...

Property Crash Homes For Sale...

Hundreds of repossessed homes in Ireland to be sold by auction... UK property consultancy Allsop to hold auction in April at Dublin's Shelbourne hotel: Flats in Ireland that could have fetched €150,000 in the Celtic Tiger years are to be put on the market for as little as €25,000 (£21,000) in the country's first ever mass auction of repossessed homes. And, in a sign of how wide the property crash is, the latest item to turn up in liquidation sales in Dublin is a job lot of 15 cranes, including a pair towering over Anglo Irish Bank's half-built headquarters in the city's docklands. "Tower cranes were among the most sought-after heavy plant and machinery 10 years ago," Ricky Wilson of Wilsons Auctions says. "You couldn't buy them quick enough. Now they are left idle for two or three years on sites." He has 15 cranes worth €500,000 going on sale on 26 March, with German, Dutch and Polish buyers expressing interest. But it is the auction ...

As Featured On Dublin Postcards, Ad's, U2 Video...

I see in the Irish Independent today an item concerning a favourite, Dublin landmark, of mine... "THEY have featured in numerous postcards and a very famous Guinness ad, but perhaps their most important cameo appearance came when they featured in U2s 'Pride (In The Name Of Love)' video. However, Dublin City Council does not believe the Poolbeg chimneys are iconic enough to place on their Record of Protected Structures. Following a request from Cllr Dermot Lacey (Lab) to have the landmark ESB chimneys placed on the protected record, city councillors heard that city planners had conducted a survey, history and full assessment of the chimneys. They concluded from this that while the Poolbeg chimneys were considered to be of a certain level of architectural, social and historical significance, they were not of sufficient value within the meaning of the Planning and Development Act, 2000. Complex The twin red and white chimney stacks measure 680 feet in height and were construc...