Eurozone unemployment falls to record low

New data shows the seasonally-adjusted unemployment rate dropping to 6.4% in April, down from 6.5% in March

Ireland's most recent Labour Force Survey from the CSO shows the employment rate for persons aged 15-64 years was 73.8% in the first quarter of this year.

Unemployment across the euro area has fallen to a record low of 6.4%, highlighting the continued strong labour market despite a series of interest rate hikes in recent years.

New data from EU's statistics body Eurostat shows the seasonally-adjusted unemployment rate dropping to 6.4% in April, down from 6.5% in March 2024. The unadjusted rate stood at 6% in April 2024, stable compared to March 2024 and to April 2023.