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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Ireland Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-31 10:00 AM Unemployment Rate 5.1% 5.1% 5.1%
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 [+]


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 November of 2018.

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




Country Last
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.90 Sep/18
Turkey 11.10 Aug/18
Italy 10.10 Sep/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Sep/18
Saudi Arabia 6.00 Jun/18
Canada 5.80 Oct/18
Indonesia 5.34 Jun/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Sep/18
South Korea 3.90 Oct/18
China 3.82 Sep/18
Netherlands 3.70 Oct/18
United States 3.70 Oct/18
Mexico 3.60 Sep/18
India 3.52 Dec/17
Germany 3.40 Sep/18
Switzerland 2.40 Oct/18
Japan 2.30 Sep/18
Singapore 2.10 Sep/18


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