Labor Force Participation Rate in Ireland decreased to 58.90 percent in the second quarter of 2020 from 62.70 percent in the first quarter of 2020.

Labor Force Participation Rate in Ireland averaged 62.82 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 58.90 percent in the second quarter of 2020. 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 October of 2020. source: Central Statistics Office Ireland

Labor Force Participation Rate in Ireland is expected to be 58.20 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 57.40 in 12 months time. In the long-term, the Ireland Labor Force Participation Rate is projected to trend around 58.90 percent in 2021 and 61.00 percent in 2022, according to our econometric models.

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Ireland Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
58.90 62.70 66.70 58.90 1998 - 2020 percent Quarterly
SA

Ireland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.20 17.30 3.90 percent [+]
Employed Persons 2222.50 2372.20 2372.20 1567.70 Thousand [+]
Unemployed Persons 118.70 114.40 356.20 69.90 Thousand [+]
Unemployment Change -14352.00 -18718.00 36254.00 -32270.00 Persons [+]
Part Time Employment 407.00 483.20 490.10 268.40 Thousand [+]
Full Time Employment 1818.30 1880.10 1880.10 1299.00 Thousand [+]
Labor Force Participation Rate 58.90 62.70 66.70 58.90 percent [+]
Long Term Unemployment Rate 1.30 1.60 9.80 1.20 percent [+]
Youth Unemployment Rate 18.90 17.50 32.00 6.20 percent [+]
Labour Costs 97.40 104.40 150.20 90.10 points [+]
Minimum Wages 10.10 9.80 10.10 5.58 EUR/Hour [+]
Wages in Manufacturing 890.53 941.88 941.88 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 46151.00 54706.00 196988.00 20203.00 Persons [+]
Wage Growth 6.20 3.70 6.20 -2.90 percent [+]
Wages 819.13 801.83 819.13 676.58 EUR/Week [+]
Productivity 120.60 114.40 120.60 46.70 points [+]
Average Hourly Earnings 25.57 24.81 25.57 20.52 EUR [+]
Average Weekly Hours 32.00 32.30 32.80 30.90 [+]
Employment Change -6.10 0.00 2.50 -6.10 percent [+]
Employment Rate 65.70 69.80 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.