DUBLIN, IRELAND: A recent survey by a leading think tank has revealed that a significant majority of Ireland’s young population is considering emigration. According to the findings, a staggering three in five (60%) of those aged 25 and under are contemplating moving abroad, raising concerns about a potential “brain drain” and the future of the nation’s workforce.
The survey, which polled over 1,000 young adults across the country, identifies the escalating cost of living and the severe housing crisis as the primary drivers behind this trend. The difficulty in securing affordable accommodation, particularly in urban centers, is a major source of frustration for young graduates and professionals. The high cost of renting or buying a home, coupled with stagnant wages in certain sectors, makes the prospect of a stable life in Ireland seem increasingly distant.
In addition to economic pressures, the survey also points to a desire for greater career opportunities and better quality of life as contributing factors. Many young people feel that overseas markets offer more dynamic career paths and a superior work-life balance compared to what they can achieve at home. The ease of international travel and the global demand for skilled Irish professionals are also facilitating this outlook.
Experts warn that if this trend continues, Ireland’s economy could face significant long-term challenges. The country’s strong performance in attracting foreign direct investment relies heavily on a skilled and available workforce. A mass exodus of young talent could jeopardize this advantage, creating skills shortages and hindering future economic growth.
The survey’s findings present a critical challenge for policymakers, who are under pressure to address the root causes of this dissatisfaction. The government’s ability to tackle the housing crisis and create a more equitable economic environment for young people will be crucial in determining whether this generation of Irish youth chooses to build their future at home or abroad.