Unemployment rate falls to 5.1%; Lowest level since 2007

Irish unemployment was lower again in June, falling to 5.1% from 5.2% in May.

The number of unemployed is down 22% in the year to June, accelerating from a -15% pace in December 2017.

Unemployment is now at the lowest level since October 2007 with a much lower rate of labour force participation today.

    Summary points for June

  • In June 2018 the seasonally adjusted unemployment rate was 5.1% for males, down from 5.2% in May 2018 and down from 7.2% in June 2017.
  • The seasonally adjusted unemployment rate for females in June 2018 was 5.2%, unchanged from 5.2% in May 2018 and down from 5.9% in June 2017.
  • The seasonally adjusted number of males unemployed in June 2018 was 64,600, down from 67,000 in May 2018. In June 2018 the seasonally adjusted number of females unemployed was 55,500, a decrease of 600 when compared to May 2018.
  • The seasonally adjusted unemployment rate for persons aged 15-24 years (youth unemployment rate) was 11.4% in June 2018, a decrease from 11.8% in May 2018.

- Digital Desk


Related Articles

Warning of possible labour shortages amid low unemployment figures

Employment rate rises by 3% to hit record highs

Over €2 million invested in Dublin tech firms by Local Enterprise Office

Jobpath finds jobs for 20,000 long-term unemployed

More in this Section

Jo'Burger restaurants go into liquidation

Kerry Group buys US ‘clean label’ firms for €325m

Irish mortgage rates end the year as most elevated in Europe

Westport emerges as 'Botox capital of the world' as plant sells $4bn of Botox to the world in two years


Lifestyle

On the red carpet: Margot Robbie, Saoirse Ronan, Diane Kruger and Cheryl

Raise a glass to Christmas festivities

The best festive desserts to try out this Christmas

Louise O'Neill: It’s important that we’re aware of the historical context of the backlash against feminism

More From The Irish Examiner