Dáil Éireann Debate, Tuesday - 29 September 2026
356. Deputy Carol Nolan asked the Minister for Enterprise, Tourism and Employment his assessment of the fact that the Central Bank quarterly report of September 16 noted that all net new jobs created in second quarter were filled by non nationals. [68625/26]
Amharc ar fhreagraI am aware of the findings contained in the Central Bank's Quarterly Bulletin No. 3 2026, which notes that non-Irish workers accounted for all the net increase in employment in the year to Q2 2026, while employment among Irish workers was broadly unchanged over the period. The Central Bank also highlights the increasingly important role that inward migration is playing in supporting labour supply and economic growth.
It is important to consider this finding in the context of an economy that is operating at close to full employment. Employment remains at a record high level, with over 2.8 million people employed, while the unemployment rate stood at 5.0% in August 2026. The Central Bank continues to characterise the Irish labour market as one operating at or close to full employment, notwithstanding some moderation in hiring activity compared with the strong growth seen in recent years.
The Central Bank notes that demographic change and net inward migration are becoming increasingly important sources of labour supply. Population estimates published by the CSO show that net inward migration accounted for almost three-quarters of population growth in the year to April 2026. In a labour market characterised by skills shortages across a number of sectors, inward migration has helped employers fill vacancies, support business expansion and sustain economic growth.
The Government remains committed to maximising participation in the labour market. Through ongoing investment in education, training, apprenticeships, further and higher education, childcare provision and labour market activation measures, Government policy seeks to maximise labour force participation and support workers in acquiring the skills required in a changing economy.
At the same time, access to international talent remains an important component of Ireland's economic success. Ireland's employment permits system plays a key role in addressing identified skills shortages and supporting sectors experiencing recruitment difficulties, while complementing wider efforts to develop the domestic workforce.
While the Central Bank expects employment growth to moderate compared with previous years, it continues to forecast further employment growth over the medium term, with labour market conditions remaining strong by both historical and international standards.
The Department will continue to monitor labour market developments closely and work across Government to ensure that Ireland maintains a strong, dynamic and inclusive labour market that supports both enterprise growth and employment opportunities for all.
