Irish seasonally adjusted unemployment decreased to 4.4 percent in May of 2019 from a downwardly revised 4.6 percent in the previous month. It is the lowest jobless rate since March of 2005, as unemployed persons fell by 3,100 to 108,200. Unemployment Rate in Ireland averaged 10.76 percent from 1983 until 2019, 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 4.50 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 5.10 in 12 months time. In the long-term, the Ireland Unemployment Rate is projected to trend around 5.10 percent in 2020, according to our econometric models.