Ireland Youth Unemployment Rate  Forecast


Ireland Youth Unemployment Rate
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Youth Unemployment Rate in Ireland is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Ireland to stand at 11.80 in 12 months time. In the long-term, the Ireland Youth Unemployment Rate is projected to trend around 10.50 percent in 2020, according to our econometric models.


Ireland Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 6.1 5.7 5.5 5.4 5.2 5
Employed Persons 2063 2095 2100 2056 2200 2300
Unemployed Persons 142 138 136 142 137 141
Unemployment Change 3059 -4720 4910 -396 2280 1040
Part Time Employment 432 456 458 415 478 498
Full Time Employment 1634 1670 1680 1665 1750 1880
Labor Force Participation Rate 59.8 61 61.2 59.24 62 64
Long Term Unemployment Rate 3.1 4 3.7 2.16 3.7 3.4
Youth Unemployment Rate 14.8 12.5 12.2 18.37 11.8 10.5
Labour Costs 81.5 92 94 82.09 100 110
Minimum Wages 1563 1563 1572 1561 1572 1600
Wages in Manufacturing 827 872 834 830 856 872
Population 4.77 4.86 4.86 4.86 4.86 4.94
Retirement Age Women 66 66 66 66 66 66
Retirement Age Men 66 66 66 66 66 66
Initial Jobless Claims 37833 40400 41122 42699 39500 38900
Productivity 139 145 146 139 148 155
Employment Change 1.1 0.6 0.5 0.74 0.5 0.4
Employment Rate 65.7 66.2 66.4 65.3 67 68