Irish Jobless Rate Drops to Fresh 7-Year Low


Irish seasonally adjusted jobless rate fell below 9 percent for the first time since 2008 to 8.9 percent in October of 2015 from 9 percent in the previous month, after the figures for October were downwardly revised on November 17th. It remained at its lowest level since December of 2008, as the number of unemployed continued to fall. A year ago the unemployment rate was recorded at 10.7 percent.

The seasonally adjusted number of persons unemployed was 192,400 in October 2015, a decrease of 2,100 when compared to the September 2015 figure or a decrease of 36,400 when compared to October 2014.

While seasonally adjusted unemployment rate for males decreased to 10.2 percent from 10.4 percent in the previous month, for females it remained unchanged at 7.3 percent. The number of males unemployed declined by 2,400 to 121,700 from 124,100 in September, while the number of females unemployed increased slightly by 300 to 70,700 from 70,400.

Youth unemployment rate was recorded at 19.7 percent, down from 20.4 percent in September and hitting its lowest value since January 2009.

Irish Jobless Rate Drops to Fresh 7-Year Low


CSO | Joana Ferreira | joana.ferreira@tradingeconomics.com
11/17/2015 11:44:10 AM