Friday 26 May 2017

Emigrants vote with their feet

THE purpose of economic policy, as far as the Irish are concerned, has always been the creation of jobs. Apart from a few brief episodes, policy has rarely been a success.

Sadly, mass emigration is back, after two decades of healthy employment. According to today's forecasts from the Economic and Social Research Institute (ESRI), more than 100,000 people will leave the country over the next two years.

We cannot be more precise than that because, inexplicably, the ESRI declines to give its actual estimates. This follows similar coyness from the Central Statistics Office about providing -- admittedly uncertain -- figures for migration.

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