Unemployment rate hits highest level in more than two years

Since March 2022, when unemployment was 5%, the rate has been consistently at or below 4.5% right up until June, CSO figures show

Youth unemployment — people aged 15 to 24 — was at 11.4% during July, up from the 10.4% in June. 

The Irish unemployment rate rose to 4.7% in July, hitting the highest level in more than two years, with youth unemployment seeing a jump, new data from the Central Statistics Office (CSO) shows.

Since March 2022, when unemployment was 5%, the rate has been consistently at or below 4.5% right up until June. In July last year, the rate stood at 4.3%.