Ireland Sees Strong Labour Market in 2024 Amid Rising Emigration of Women and Youth

Ireland’s labour market remained resilient in 2024, with 2.78 million people employed by year’s end, according to Minister for Finance Paschal Donohoe, who described it as a “strong year.” Employment figures showed an increase of approximately 70,000 workers compared to the previous year, reflecting sustained demand across various sectors.

Net Migration Up, But More Women and Young People Leaving

Despite high levels of net migration, Ireland is now observing a notable rise in outward migration, particularly among women and younger age groups. A report titled “Recent Trends in Migration Flows Impacting the Irish Labour Market” highlights a 56% increase in female emigration between 2020 and 2024, compared to just 12% for males over the same period.

The primary drivers of this emigration trend are believed to be the rising cost of accommodation and a growing interest in living or working abroad, particularly among younger individuals.

Employment Permits Double, Led by India, the Philippines & Brazil

Meanwhile, the number of employment permits issued to foreign nationals has doubled since pre-pandemic levels, with a strong influx of workers from India, the Philippines, and Brazil. Notably, Indian nationals accounted for over one-third of all permits issued, followed by significant numbers from Brazil and the Philippines.

Dublin continues to be the primary destination, receiving 53% of all employment permits, followed by Cork (8%), Kildare (5%), and Limerick (4%), reflecting the concentration of job opportunities in urban and regional centres.

As Ireland continues to attract foreign talent to address labour market demands, policymakers are also facing the challenge of retaining domestic talent, especially among young professionals and women, who are increasingly choosing to leave the country for opportunities elsewhere.