Those Jobs Won't Be Coming Back
I SUSPECT IRELAND will do like Germany and start shaving anybody over 50 from the unemployment records because personnel officers know most of the older jobless people who pass through their books won't get a second look.
I lived in the old West Germany when the old East merged. To the delight of the statisticians there, the unemployment rate was throttled. That happened because one fat pencil lined out tens of thousands of Germans whose factories laid idle in the 90s. The same thing has happened in Ireland as large factories shut down and former factory workers sit on their hands, going from course to interview to course for years on end. By age 50, that has to stop because the factories aren't coming back. And neither are the construction jobs reappearing.
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