links for 2010-07-15

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  • The statistic that stands out most for me, however, is the prediction that 120,000 people will emigrate: 70,000 in the year ending April 2010 and 50,000 in the year ending April 2011. This will take us back to the kinds of numbers emigrating at the end of 1980s. Such emigration wi’ll provide a little bit of a safety valve on welfare payments, but the country will also lose a cohort of relatively young workers, many of them well skilled.

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