The report, Future Forty – A Fiscal and Economic Outlook to 2065, launched yesterday by Minister for Finance Paschal Donohoe, is a long document. There are 253 pages filled with the sort of forecasting and scenarios that few people will read and certainly few will have read in the past 24 hours.
Thankfully, the anonymous authors cut to the chase in their executive summary where they state that “Continued inward migration will be vital to maintain growth in the labour force. For example, in a scenario where net migration was zero, the labour force would contract by 2035.”
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