Oliver Mangan: Labour market data paints a picture of a flexible and dynamic economy

Strong inward migration and greater participation by women in the workforce driving strong labour force growth

The economy added over 100,000 jobs in the past year.

National accounts data show GDP is in decline, but this largely relates to a fall in contract manufacturing activity abroad by Irish-based companies. 

The latest labour market data, by contrast, point to a still strong Irish economy. Employment was up by 4% in the past year and rose by 1% between the second and third quarters of 2023, according to the latest CSO figures.