02/05/2018

Unemployment Rate At 10 Year Low - CSO

Ireland's unemployment rate has fallen to 5.9% in April 2018, down from 6.8% in April 2017, according to the latest figures from the Central Statistics Office (CSO).

This represents a total fall in the unemployment rate of 0.9 percentage points since April 2017 and is the lowest monthly unemployment rate since May 2008.

The Monthly Unemployment figures for April published by the CSO include:

• On a seasonally adjusted basis 3,200 fewer people were unemployed in April compared to March

• 16,700 fewer people were unemployed in March compared with twelve months earlier

• Unemployment among people aged between 15-24 has fallen by 0.5% in a month.

Welcoming the figures, Employment Affairs and Social Protection Minister, Regina Doherty, said: "The figures published today are further evidence that our growing economy is continuing to generate strong employment, and that we have made significant progress in reducing unemployment. Today is the first time monthly unemployment has fallen to under 6% in 10 years.

"This is a significant milestone, considering unemployment was at 16% just six years ago.

"These figures show that the employment supports provided by my Department to both jobseekers and employers are working well. Our activation measures are working well. As Minister for Employment Affairs and Social Protection I will ensure that the Department continues to provide this wide range of comprehensive supports and services to jobseekers."

Minister for Business, Enterprise and Innovation, Heather Humphreys, added: "I am delighted to see the unemployment rate falling again, this time down to 5.9%, which is a decrease from 6.8% this time last year. As Minister for Business, Enterprise and Innovation, I will continue pursuing the Government policies that have proven successful in creating the right environment for continued job growth right across the country. My focus is on ensuring that these positive trends are felt in every region through a number of measures including the Regional Action Plan for Jobs."

(MH/LM)

Related Irish News Stories
Click here for the latest headlines.

03 April 2013
USI Calls For Significant Investment In Youth Guarantee Scheme
The Union of Students in Ireland (USI) has called for significant investment in the Youth Guarantee scheme as Eurostat figures show an unemployment rate of 30.8% among Ireland’s under 25s. This is an increase of 0.
02 January 2013
Cabinet Urged To Help Tackle Unemployment
Taoiseach Enda Kenny will chair a special cabinet meeting on jobs this month in an effort to tackle the increasing number of people claiming unemployment benefits. The unemployment rate remains high at 14.6%, with some 423,300 claiming unemployment benefits.
13 August 2015
Govt Employment Strategy 'Stuck In A Rut' - SF
The government's current employment programme doesn't work, is "stuck in a rut" and is "overly reliant on workers leaving their existing jobs and emigrating", Sinn Féin's Seán Crowe has said.
01 October 2014
Unemployment Continues To Fall
The unemployment rate, measured on the Live Register, is continuing to drop, according to the latest figures from the Central Statistics Office. There has been a 9% year on year decrease in the number of people on the Live Register, with the September 2014 headline figure now standing at 370,050.
09 December 2010
Employment Increases
Unemployment has risen by 3.7% since last September, according to figures released by the Central Statistics Office. Although representing just under 71,000 people, the job losses are in fact the lowest level of job losses, showing either some signs of recovery, or a bottoming out of businesses ability to operate with reduced staff numbers.