Unemployment rate rises marginally as labour market remains tight

The current unemployment rate of 4.3% in August 2022 is lower than the pre-pandemic level of 5.0% recorded in August 2019. Picture: Sam Boal/Rollingnews.ie

Ireland's seasonally adjusted unemployment rate rose slightly in August to 4.3%, according to figures released today from the Central Statistics Office (CSO).

The new figures show that Ireland's labour market continues to remain tight amid a growing cost-of-living crisis and soaring inflation. July's rate of 4.2% was Ireland's lowest unemployment rate in 21 years.