Bergin, Adele; Kelly, Elish; Redmond, Paul - 2020
and 2013, the unemployment rate increased dramatically, from 5% to 15.5%, and the labor force participation rate declined … by almost five percentage points between 2007 and 2012. Outward migration re-emerged as a safety valve for the Irish … economy, helping to moderate impacts on unemployment via a reduction in overall labor supply. As the crisis deepened, long …