Unemployment in Ireland

Ireland Unemployment | Economic News & Forecasts

Ireland - Unemployment

Recent data suggests that the economy lost traction in the third quarter, following a stellar first half of the year. While export growth remained robust in the first two months of the third quarter, retail sales lost some speed indicating a slowdown in private consumption. Early indicators for Q4 signal dimmer prospects for the Irish economy, with an across-the-board downturn in survey-based data. Consumer confidence plummeted to the lowest in nearly two years in October, on fears of a hard Brexit and a wider global slowdown. Moreover, both the manufacturing and service PMIs lost ground in the month. While the UK Cabinet approved a draft agreement on Britain’s exit from the EU on 14 November, a wave of resignations by key cabinet members has once again thrown the terms of the deal into uncertainty, with the Irish border backstop remaining one of the key points of contention.

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 %Nov 29
Exchange Rate1.140.65 %Nov 29
Stock Market5,851-0.39 %Nov 29

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