Irish Unemployment Rate Drops To 6.6% In February


Irish seasonally adjusted unemployment rate fell to 6.6 percent in February 2017 from a downwardly revised 6.7 percent in the previous month and 8.4 percent in the same month of the previous year. It was the lowest reading since July 2008, as the number of unemployed continued to decline.

The seasonally adjusted number of persons unemployed was 145,100 in February 2017, down from 148,000 when compared to the January 2017 figure and a decrease of 36,200 when compared to February 2016.

The seasonally adjusted unemployment rate for males was recorded at 7.1 percent, down from 7.3 percent in January and from 9.9 percent a year earlier; while for females it was recorded at 5.9 percent, down from 6 percent in the previous month and from 6.5 percent in February 2016. The number of males unemployed dropped by 1,900 from the previous month to 85,900, while the number of females unemployed decreased by 1,000 to 59,200.

Youth unemployment rate fell to 14.5 percent, the lowest reading since July 2008, from 15.1 percent in the previous month.

Unemployment has fallen sharply since the jobless rate hit a high of 15.2 percent in January 2012.

Irish Unemployment Rate Drops To 6.6% In February


CSO | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/28/2017 1:28:15 PM