IT skills shortage
The Information Technology (IT) sector - which the Government sees as vital to future economic growth - has an unprecedented 14,000 unfilled jobs. The number of vacancies has shot up 26pc in just seven months and by a worrying 74pc since May 2005, according to the latest in a series of surveys. This has serious implications for the entire economy, as rising wages could undermine competitiveness and frighten off new investors.
All the predictions are that the gap between supply and demand is widening, as young Irish people shun careers in the sector. Seven of the world's 10 software giants have plants here. Increasingly, they are relying on non-nationals to fill highly skilled jobs.