Irish seasonally adjusted unemployment rate stood at 5.3 percent in December 2018, unchanged from the previous month's near 11-year low, as the number of unemployed held steady at 127 thousand. Unemployment Rate in Ireland averaged 10.83 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 4.60 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 5.50 percent in 2020, according to our econometric models.

Ireland Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
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%
2018-12-04 11:00 AM Unemployment Rate 5.3% 5.4% 5.2%
2019-01-08 11:00 AM Unemployment Rate 5.3% 5.3% 5.10%
2019-02-05 11:00 AM Unemployment Rate 5.3% 5.2%
2019-03-05 11:00 AM Unemployment Rate 4.9%
2019-04-02 10:00 AM Unemployment Rate 4.6%



Irish Jobless Rate Holds Steady at Near 11-Year Low

Irish seasonally adjusted unemployment rate stood at 5.3 percent in December 2018, unchanged from the previous month's near 11-year low, as the number of unemployed held steady at 127 thousand.

The seasonally adjusted number of persons unemployed was 127,100 in December 2018, down from 127,700 when compared to the November 2018 figure and a decrease of 20,000 when compared to December 2017.

The unemployment rate for males was recorded at 5.3 percent, unchanged from November and compared to 6.5 percent a year earlier; while for females it decreased to 5.3 percent from 5.4 percent in the previous month and 5.8 percent in December 2017. The number of males unemployed decreased by 300 from the previous month to 68,400 and the number of females declined by 300 to 58,700.

The youth unemployment rate fell to 12.2 percent in December from 12.3 percent in the prior month. It was the lowest jobless rate since May 2008.

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


CSO | Joana Ferreira | joana.ferreira@tradingeconomics.com
1/8/2019 11:21:38 AM



Ireland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.30 17.30 3.90 percent [+]
Employed Persons 2265.00 2256.50 2265.00 1567.70 Thousand [+]
Unemployed Persons 143.80 144.30 356.20 69.90 Thousand [+]
Unemployment Change 3408.00 -2986.00 36254.00 -32270.00 Persons [+]
Part Time Employment 455.70 456.80 499.90 268.40 Thousand [+]
Full Time Employment 1795.50 1805.30 1814.80 1299.00 Thousand [+]
Labor Force Participation Rate 62.10 62.20 66.70 59.80 percent [+]
Long Term Unemployment Rate 2.00 2.10 9.80 1.20 percent [+]
Youth Unemployment Rate 12.20 12.30 31.60 6.20 percent [+]
Labour Costs 72.10 78.40 119.10 71.10 Index Points [+]
Minimum Wages 9.80 9.55 9.80 5.58 EUR/Hour [+]
Wages in Manufacturing 853.51 866.14 889.94 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 35922.00 32659.00 196988.00 20203.00 Persons [+]
Productivity 144.70 134.40 146.00 57.80 Index Points [+]
Wages 740.32 744.08 744.08 676.71 EUR/Week [+]
Average Hourly Earnings 22.62 22.89 23.42 20.52 EUR [+]
Employment Change 0.70 0.70 2.50 -3.70 percent [+]
Employment Rate 69.10 68.50 72.50 59.30 percent [+]


Ireland Unemployment Rate

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 January of 2019.

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




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.60 Nov/18
Turkey 11.60 Oct/18
Italy 10.50 Nov/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 7.90 Nov/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Dec/18
Indonesia 5.34 Sep/18
Australia 5.10 Nov/18
Russia 4.80 Nov/18
United Kingdom 4.10 Oct/18
United States 3.90 Dec/18
China 3.82 Sep/18
South Korea 3.80 Dec/18
Netherlands 3.60 Dec/18
India 3.52 Dec/17
Germany 3.30 Nov/18
Mexico 3.30 Nov/18
Switzerland 2.70 Dec/18
Japan 2.50 Nov/18
Singapore 2.10 Sep/18


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