Irish seasonally adjusted unemployment rate for April 2019 was revised down sharply on May 21st to 4.6 percent from the 5.4 percent previously estimated, reaching the lowest level in over a decade. March's rate was also cut to 4.7 percent. Unemployment Rate in Ireland averaged 10.77 percent from 1983 until 2019, reaching an all time high of 17.30 percent in December of 1985 and a record low of 3.90 percent in November of 2000.
Unemployment Rate in Ireland is expected to be 5.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Ireland to stand at 5.10 in 12 months time. In the long-term, the Ireland Unemployment Rate is projected to trend around 5.90 percent in 2020, according to our econometric models.