In its latest forecast the ESRI has predicted that employment growth will be strongest in Dublin over the next six years - despite government policy to develop other regions.
The agency has also expressed concern there will not be an adequate supply of third level graduates to fill many of these new positions, which will be high skilled.
The research institute said we can expect the Irish Economy to create an average of 35,000 new jobs annually over the next six years. The greatest growth will be in the service sector, and most of the new jobs will be high skilled, generating a considerable demand for those with third level qualifications.
This comes at a time where the population aged between 15 - 24 is to drop by over 100,000, which means fewer graduates. FAS has suggested the government meet the shortfall by drawing up an immigration policy which is driven by Ireland's new skills requirements.
This latest forecast contains disappointing news for those living outside the capital.