Ireland Unemployment Rate

Irish seasonally adjusted unemployment rate went down to 5.3 percent in October of 2018 from 5.4 percent in the previous month. It remains the lowest jobless rate since February of 2008. Unemployment Rate in Ireland averaged 10.85 percent from 1983 until 2018, 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 5.10 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 4.70 in 12 months time. In the long-term, the Ireland Unemployment Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-09-04	10:00 AM	Unemployment Rate	5.6%	5.8%	5%
2018-10-02	10:00 AM	Unemployment Rate	5.4%	5.6%	5.5%
2018-10-31	11:00 AM	Unemployment Rate	5.3%	5.4%	5.4%
2018-12-03	11:00 AM	Unemployment Rate		5.3%	5.2%

Irish Jobless Rate Drops Further to 5.3% in October

Irish seasonally adjusted unemployment rate went down to 5.3 percent in October of 2018 from 5.4 percent in the previous month. It remains the lowest jobless rate since February of 2008.

The seasonally adjusted number of unemployed persons was 126,400, down from 129,800 when compared to September figure and a decrease of 29,400 when compared to October last year.

The unemployment rate for males was recorded at 5.5 percent, down from 5.7 percent in September and compared to 6.9 percent a year earlier; while for females it dropped to 4.9 percent from 5.1 percent in the previous month and 6.2 percent in October of 2017. The number of males unemployed fell by 1,300 from the previous month to 71,800 and the number of females declined by 2,100 to 54,600.

The youth unemployment rate which applies to the 15-24 age group decreased to 12.0 percent in October from 12.9 percent in the prior month. It is the lowest jobless rate since May of 2008.

Unemployment has fallen sharply since the jobless rate hit a high of 16 percent in early 2012.

CSO | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
10/31/2018 12:41:23 PM

Recent Releases

Irish Jobless Rate Lowest Since 2008
Irish seasonally adjusted unemployment rate decreased to 5.4 percent in September of 2018 from 5.6 percent in the previous month. It was the lowest jobless rate since February of 2008.
Published on 2018-10-02

Irish Jobless Rate Falls to Over 10-Year Low
Irish seasonally adjusted unemployment rate decreased to 5.6 percent in August of 2018 from an upwardly revised 5.8 percent in the previous month and below a 6.6 percent in August of 2017. It was the lowest jobless rate since April of 2008.
Published on 2018-09-04

Irish Jobless Rate Unchanged at 5.1% in July
Irish seasonally adjusted unemployment rate stood at 5.1 percent in July of 2018, unchanged from the previous month and down from a 6.8 percent in July of 2017. It remains the lowest jobless rate recorded since October of 2007.
Published on 2018-07-31

Irish Jobless Rate Lowest Since 2007
Irish seasonally adjusted unemployment rate declined to 5.1 percent in June of 2018 from a downwardly revised 5.2 percent in the previous month and 6.6 percent a year earlier. It was the lowest jobless rate since October of 2007.
Published on 2018-07-03

Ireland Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	5.30	5.40	17.30	3.90	percent	[+]
Employed Persons	2256.50	2239.30	2256.50	1567.70	Thousand	[+]
Unemployed Persons	144.30	132.90	356.20	69.90	Thousand	[+]
Unemployment Change	-6483.00	-19428.00	36254.00	-32270.00	Persons	[+]
Part Time Employment	456.80	458.80	499.90	268.40	Thousand	[+]
Full Time Employment	1805.30	1785.10	1814.80	1299.00	Thousand	[+]
Labor Force Participation Rate	62.20	62.10	66.70	59.80	percent	[+]
Long Term Unemployment Rate	2.00	2.10	9.80	1.20	percent	[+]
Youth Unemployment Rate	12.90	13.90	31.50	6.20	percent	[+]
Labour Costs	78.40	77.70	119.10	71.10	Index Points	[+]
Minimum Wages	1613.95	1613.95	1613.95	944.71	EUR/Month	[+]
Wages in Manufacturing	866.14	889.94	889.94	37.03	EUR/Week	[+]
Population	4.84	4.78	4.84	2.82	Million	[+]
Retirement Age Women	66.00	66.00	66.00	65.00		[+]
Retirement Age Men	66.00	66.00	66.00	65.00		[+]
Initial Jobless Claims	31965.00	32258.00	196988.00	20203.00	Persons	[+]
Productivity	134.40	138.10	146.00	57.80	Index Points	[+]
Wages	744.08	742.19	744.08	676.71	EUR/Week	[+]
Average Hourly Earnings	22.89	23.40	23.42	20.52	EUR	[+]
Employment Change	0.70	0.70	2.50	-3.70	percent	[+]
Employment Rate	68.50	67.90	72.50	59.30	percent	[+]

In Ireland, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Ireland Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	5.30	5.40	17.30	3.90	1983 - 2018	percent	Monthly	SA

Export Data API

Country	Last		Previous	Highest	Lowest
South Africa	27.50	Sep/18	27.2	31.2	21.5	%	Quarterly
Spain	14.55	Sep/18	15.28	26.94	4.41	%	Quarterly
Brazil	11.90	Sep/18	12.1	13.7	6.2	%	Monthly
Turkey	11.10	Aug/18	10.8	14.8	7.3	%	Monthly
Italy	10.10	Sep/18	9.8	13.1	5.8	%	Monthly
Argentina	9.60	Jun/18	9.1	20.8	5.9	%	Quarterly
France	9.10	Sep/18	9.1	10.7	7.2	%	Quarterly
Euro Area	8.10	Sep/18	8.1	12.1	7.3	%	Monthly
Saudi Arabia	6.00	Jun/18	6.1	6.3	4.35	%	Quarterly
Canada	5.80	Oct/18	5.9	13.1	2.9	%	Monthly
Indonesia	5.34	Jun/18	5.13	11.24	2	%	Quarterly
Australia	5.00	Oct/18	5	11.2	4	%	Monthly
Russia	4.70	Oct/18	4.5	14.1	4.5	%	Monthly
United Kingdom	4.10	Sep/18	4	12	3.4	%	Monthly
South Korea	3.90	Oct/18	4.2	7.1	3	%	Monthly
China	3.82	Sep/18	3.83	4.3	3.82	%	Quarterly
Netherlands	3.70	Oct/18	3.7	7.9	3.6	%	Monthly
United States	3.70	Oct/18	3.7	10.8	2.5	%	Monthly
Mexico	3.60	Sep/18	3.5	6.42	2.22	%	Monthly
India	3.52	Dec/17	3.51	8.3	3.41	%	Yearly
Germany	3.40	Sep/18	3.4	11.5	0.4	%	Monthly
Switzerland	2.40	Oct/18	2.4	5.7	1.5	%	Monthly
Japan	2.30	Sep/18	2.4	5.5	1	%	Monthly
Singapore	2.10	Sep/18	2	6	1.4	%	Quarterly