Labor Force Participation Rate in Ireland increased to 62.70 percent in the first quarter of 2020 from 62.60 percent in the fourth quarter of 2019.

Labor Force Participation Rate in Ireland averaged 62.86 percent from 1998 until 2020, reaching an all time high of 66.70 percent in the first quarter of 2007 and a record low of 59.80 percent in the second quarter of 1998. This page provides the latest reported value for - Ireland Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Labor Force Participation Rate - values, historical data and charts - was last updated on August of 2020. source: Central Statistics Office Ireland

Labor Force Participation Rate in Ireland is expected to be 61.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Ireland to stand at 62.20 in 12 months time. In the long-term, the Ireland Labor Force Participation Rate is projected to trend around 62.60 percent in 2021 and 62.50 percent in 2022, according to our econometric models.

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Ireland Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
62.70 62.60 66.70 59.80 1998 - 2020 percent Quarterly
SA

Ireland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.60 17.30 3.90 percent [+]
Employed Persons 2372.20 2350.60 2372.20 1567.70 Thousand [+]
Unemployed Persons 114.40 110.60 356.20 69.90 Thousand [+]
Unemployment Change 23691.00 -4791.00 36254.00 -32270.00 Persons [+]
Part Time Employment 483.20 490.10 490.10 268.40 Thousand [+]
Full Time Employment 1880.10 1864.90 1880.10 1299.00 Thousand [+]
Labor Force Participation Rate 62.70 62.60 66.70 59.80 percent [+]
Long Term Unemployment Rate 1.30 1.60 9.80 1.20 percent [+]
Youth Unemployment Rate 16.00 14.80 31.60 6.20 percent [+]
Labour Costs 101.40 97.50 148.90 89.10 points [+]
Minimum Wages 10.10 9.80 10.10 5.58 EUR/Hour [+]
Wages in Manufacturing 950.34 902.16 950.34 37.03 EUR/Week [+]
Population 4.90 4.83 4.90 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 70822.00 56790.00 196988.00 20203.00 Persons [+]
Wage Growth 3.90 3.80 3.90 -2.90 percent [+]
Wages 801.83 786.33 801.83 676.58 EUR/Week [+]
Productivity 114.40 114.50 114.50 46.70 points [+]
Average Hourly Earnings 24.81 24.23 24.81 20.52 EUR [+]
Average Weekly Hours 32.30 32.50 32.80 30.90 [+]
Employment Change 0.30 1.10 2.50 -3.80 percent [+]
Employment Rate 69.80 70.20 72.50 59.30 percent [+]


Ireland Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.