Unemployment in Ireland

Ireland Unemployment | Economic News & Forecasts

Ireland - Unemployment

Recently released national accounts data showed that the economy contracted in quarter-on-quarter terms in Q1, owing to a slowdown in domestic demand and a sharp drop in exports amid ongoing Brexit uncertainty and rising global trade tensions. However, available data for Q2 points to a pick-up in the pace of expansion: Export growth was strong in the first two months of the quarter, which aided the acceleration in industrial production. Prospects for the manufacturing and services sectors also appeared brighter in June, with the corresponding PMIs climbing. Moreover, retail sales rose markedly in April–May amid falling unemployment. Nevertheless, Brexit-related uncertainties remain: A recent IMF assessment cautioned that the Irish economy could take a significant hit in the absence of a Brexit deal, due to the highly integrated nature of the Irish and UK economies.

Ireland - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate13.8  11.9  11.0  8.4  6.7  

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Ireland Unemployment Chart

Ireland Unemployment
Note: Unemployment in % of active population.
Source: Central Statistics Office Ireland.

Ireland Facts

Bond Yield0.600.27 %Aug 07
Exchange Rate1.160.65 %Aug 07
Stock Market6,814-0.39 %Aug 07

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