Irish seasonally adjusted unemployment rate was revised higher to 5.7 percent in January 2019, compared with a preliminary estimate of 5.3 percent. Still, it was the lowest jobless rate since April 2008. Unemployment Rate in Ireland averaged 10.82 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 5.50 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 5.90 percent in 2020, according to our econometric models.

Ireland Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-31 11:00 AM Unemployment Rate 5.3% 5.4% 5.4%
2018-12-04 11:00 AM Unemployment Rate 5.3% 5.4% 5.2%
2019-01-08 11:00 AM Unemployment Rate 5.3% 5.3% 5.10%
2019-02-05 11:00 AM Unemployment Rate 5.3% 5.3% 5.2%
2019-03-05 11:00 AM Unemployment Rate 5.7% 5.6%
2019-04-02 10:00 AM Unemployment Rate 5.5%
2019-04-30 10:00 AM Unemployment Rate 5.5%



Irish Jobless Rate Unchanged at Near 11-Year Low of 5.3%

Irish seasonally adjusted unemployment rate stood at 5.3 percent in January of 2019, unchanged from the previous month and remaining the lowest jobless rate since February of 2008.

The seasonally adjusted number of persons unemployed was 127,300 in January of 2019, down from 127,900 when compared to December of 2018 figure and a decrease of 13,400 when compared to January of 2018. 

The unemployment rate for males was recorded at 5.2 percent, down from 5.3 percent in December and compared to 6.1 percent a year earlier; while for females it remained unchanged at 5.4 percent, the same as in the previous month and compared with 5.8 percent in January of 2017. The number of males unemployed declined by 1,000 from the previous month to 57,600 and the number of females increased by 300 to 59,700.

The youth unemployment rate rose to 12.4 percent in January from 12.2 percent in the prior month. It was the highest jobless rate since October of 2018.

Unemployment has fallen sharply since the jobless rate hit a high of 16 percent in early 2012.


CSO | Agna Gabriel | agna.gabriel@tradingeconomics.com
2/5/2019 11:24:11 AM



Ireland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.70 5.70 17.30 3.90 percent [+]
Employed Persons 2265.00 2256.50 2265.00 1567.70 Thousand [+]
Unemployed Persons 143.80 144.30 356.20 69.90 Thousand [+]
Unemployment Change -42.00 3408.00 36254.00 -32270.00 Persons [+]
Part Time Employment 455.70 456.80 499.90 268.40 Thousand [+]
Full Time Employment 1795.50 1805.30 1814.80 1299.00 Thousand [+]
Labor Force Participation Rate 62.10 62.20 66.70 59.80 percent [+]
Long Term Unemployment Rate 2.10 2.00 9.80 1.20 percent [+]
Youth Unemployment Rate 14.20 13.60 31.60 6.30 percent [+]
Labour Costs 72.10 78.40 119.10 71.10 Index Points [+]
Minimum Wages 9.80 9.55 9.80 5.58 EUR/Hour [+]
Wages in Manufacturing 853.51 866.14 889.94 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 36758.00 35922.00 196988.00 20203.00 Persons [+]
Productivity 144.70 134.40 146.00 57.80 Index Points [+]
Wages 740.32 744.08 744.08 676.71 EUR/Week [+]
Average Hourly Earnings 22.62 22.89 23.42 20.52 EUR [+]
Employment Change 0.40 0.80 2.50 -3.70 percent [+]
Employment Rate 69.10 68.50 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.70 5.70 17.30 3.90 1983 - 2019 percent Monthly
SA




Country Last Previous
South Africa 27.10 Dec/18
Spain 14.45 Dec/18
Turkey 12.30 Nov/18
Brazil 11.60 Dec/18
Italy 10.30 Dec/18
Argentina 9.00 Sep/18
France 8.80 Dec/18
Euro Area 7.90 Dec/18
India 6.10 Dec/18
Saudi Arabia 6.00 Sep/18
Canada 5.80 Jan/19
Indonesia 5.34 Sep/18
Australia 5.00 Dec/18
Russia 4.90 Jan/19
South Korea 4.40 Jan/19
United Kingdom 4.00 Dec/18
United States 4.00 Jan/19
China 3.80 Dec/18
Netherlands 3.60 Dec/18
Mexico 3.40 Dec/18
Germany 3.30 Dec/18
Switzerland 2.80 Jan/19
Japan 2.40 Dec/18
Singapore 2.20 Dec/18


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