Numbers at work up by 0.8% to 2.8 million in Q2 - CSO
Employment in Ireland has increased by 0.8% to more than 2.8 million, driven by an increase in older age groups and citizens from across the world coming to work here, according to the Central Statistics Office's latest Labour Force Survey.
Employment in Ireland rose by 0.8% to reach over 2.8 million in the second quarter, according to the latest Labour Force Survey from the Central Statistics Office (CSO). The statistics cover the period from April to June 2023. The employment rate for individuals aged 15 to 64 is currently at 74.3%, a slight decrease of 0.4 percentage points compared to the previous year.
The unemployment rate stands at 5.1%, up by 0.3 percentage points from the same quarter last year. The number of unemployed individuals increased by 7.2% to 151,000, largely due to a rise in female unemployment. Colin Hanley, a Statistician in Labour Market and Earnings at the CSO, noted that the older age groups contributed to the positive employment growth, with the 45 to 54 age cohort experiencing the highest increase, adding 28,600 people to the labour force.
Concurrently, there was a decline in labour force participation among younger age groups, especially among those aged 35 to 44, which saw a drop of 10,100 individuals.
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