Irish Unemployment Rate Falls to Over 10-Year Low


Irish seasonally adjusted unemployment rate declined to 5.8 percent in May 2018 from 5.9 percent in the previous month and 6.6 percent a year earlier. It was the lowest jobless rate since April 2008.

The seasonally adjusted number of persons unemployed was 139,000, down from 140,800 when compared to the April figure and a decrease of 15,600 when compared to May last year.

The unemployment rate for males was recorded at 6.1 percent, down from 6.3 percent in April and compared to 7.3 percent a year earlier; while for females it was recorded at 5.5 percent, the same as in the previous month and down from 5.8 percent in May 2017. The number of males unemployed decreased by 1,600 from the previous month to 79,100, while the number of females unemployed fell by 200 to 59,900.

The youth unemployment rate fell to 11.9 percent in May from 12 percent in the previous 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.

Irish Unemployment Rate Falls to Over 10-Year Low


CSO | Joana Ferreira | joana.ferreira@tradingeconomics.com
6/6/2018 10:22:12 AM