Unemployment rises once again as latest figures suggest 'loss of pace'

CSO data shows the rate of unemployment rose to 4.8%, up from 4.7% in the previous month 

According to job search site Indeed, Irish postings were 23.4% above pre-pandemic levels at the start of December, which was down from 25.5% at the end of October, 27% at the end of September and well below a recent high of 65% in February 2022. Picture Denis Minihane.

Irish unemployment rose again after plateauing in October, with seasonally adjusted figures from the Central Statistics Office (CSO) reporting an increase to 4.8% last month. 

Up from 4.7% in October and a low of 4.1% earlier this year, the increase reflects 132,700 people, an annual rise of 12,600 as global headwinds and rising interest rates seep into the Irish labour market.