More than 50% of 2004 foreign workers have gone

[BoyRacer]

More than 50% of 2004 foreign workers have left -> irishtimes.com/newspaper/ire … 31414.html

MORE THAN half the foreign nationals who came to work in Ireland in 2004 have probably left the country, according to the Central Statistics Office.
Research published yesterday shows 52 per cent of the almost 118,000 foreign nationals who received personal public service numbers (PPSNs) in 2004 are not working or claiming social welfare.
There has also been a sharp fall in the number of new arrivals to Ireland, with 127,695 PPSNs allocated to foreign nationals in 2008, down almost a third from a peak of 226,800 allocated during 2006.
The CSO analysis of records from the Revenue Commissioners and Department of Social Welfare sheds light on emigration trends for migrant workers by tracking the activity rate for PPSN numbers.
It shows that 57,112 of the 117,983 foreign nationals who received PPSNs in 2004 were still either working or claiming welfare in 2008. It is not known what happened to the rest but it is very likely that they left the Republic.

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Which explains a large part of the collapse of the rental market from peak, the traditional Christmas dip in daftwatch is still there - daftwatch.thepropertypin.com/