Irish unemployment falls to 4.1% despite signs of 'softening labour market'

Senior economist at Indeed Jack Kennedy has warned that heightened economic uncertainty may push many businesses to review and pause growth plans 
Irish unemployment falls to 4.1% despite signs of 'softening labour market'

The monthly unemployment rate for people aged 25-74 years was 3.0%, down from a revised rate of 3.5% in March 2025.

The Irish unemployment rate fell once again in April, dropping to 4.1% compared to a rate of 4.4% in the previous month.

New figures released by the Central Statistics Office (CSO) on Wednesday show the monthly unemployment rate for men was 4% in April, down from 4.2% in the previous month.

Meanwhile, the monthly unemployment rate for women was 4.2.% in April, down from 4.5%.

"The seasonally adjusted number of people unemployed was 119,500 in April 2025, compared with 127,900 in March 2025," said CSO statistician, Conor Delves. 

"There was a fall of 5,700 in the seasonally adjusted number of people unemployed in April 2025 when compared with April 2024."

The youth unemployment rate, which comprises people aged between 15 and 24 rose to 11.4% the month, up from a revised rate of 10.5% in March.

The monthly unemployment rate for people aged 25-74 years was 3.0%, down from a revised rate of 3.5% in March 2025.

"The figure shows no immediate change in the robustness of the Irish labour market at a time of increasing global uncertainty and as businesses seek to predict and adjust to the potential impact of implemented and proposed US tariffs and the reactionary measures from affected countries," said Jack Kennedy, senior economist at hiring platform Indeed. 

"While it is still too early to understand the full potential impact, the current unpredictability has affected markets globally and created a situation where businesses are likely to be reviewing or pausing growth plans until they can be more certain of their future outlook."

"The Irish monthly unemployment rate was predicted to remain below 5% throughout this year, but that prediction was made in late 2024 before the current volatility."

x

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited