Irish seasonally adjusted unemployment rate decreased to 5.3 percent in November 2018 from an upwardly revised 5.4 percent in the previous month and below 6.4 percent a year ago. This was the lowest jobless rate since February 2008, as the number of unemployed fell further. Unemployment Rate in Ireland averaged 10.84 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.