Almost 10% of Irish young people emigrated during recession

The economic crisis and ensuing austerity measures have deprived almost a quarter of the workforce of jobs and cost the country close to 10% of its young population, according to figures from the EU, IMF, and OECD.

New EU rules supposed to get crisis economies back on track do nothing to solve the social crisis or to generate growth and jobs in the worst-hit countries such as Ireland, according to a report from Caritas, a Catholic charity which operates across Europe.

Using figures from OECD and IMF reports, it shows Ireland has suffered one of the biggest increases in unemployment since the start of the crisis, and claims that the official figures underestimate the reality.