Labour market participation rate reaches 15-year high

Across 13 different sectors, the employment rate increased in all but two, those being construction and industry

The employment rate for people aged 15-64 reached 74.1% in the latest quarter, up from 73.2% compared to the same period in 2022. Picture; David Creedon / Anzenberger

The number of people employed in the State increased by 4% in the three months ending in September, with a rate of participation in the labour market of 65.8% marking the highest recorded in fifteen years.

Figures from the latest Labour Force Survey published by the Central Statistics Office (CSO) show that the number of people between 15-89 years in employment reached 2,655,900.