All that tells you is that the economy is too big for the country.
Heres an adjunct to the whole situation;
As long as politicians keep pretending that an increase in the supply of X (in this case labour or ‘skills’) does not cause a reduction in the value or the price of X, then political turmoil will ensue.
This has happened more quickly in the UK and mainland EU because they have been implementing QE policies which inflate the costs (or deflate the incomes) of economic participants (in addition to mass immigration).
This is now happening in Ireland.
It follows that in the coming years you will have a massive political backlash.
I warned about this here many years ago when the Freeman thing was in its pomp.
I was correct then and I’m correct now. It may not be the freeman-group but A.N.Other; the point stands.
France has only been calmed by an 800 year old treasure burning to the ground and the Brits are too scared to hold Euro elections because the mainstream parties could be wiped out.
Underestimate this at your peril.