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Unemployment

Unemployment

The overall unemployment rate was 4.6% in Q2 2024, which is up from 4.4% in Q2 2023.

Online ISSN: 2565-5728
CSO statistical publication, , 11am
131,200
Persons aged 15-74 were unemployed in Q2 2024
with an associated unemployment rate of 4.6%
122,200 people were unemployed in Q2 2023 at a rate of 4.4%
Source: CSO Ireland, Labour Force Survey Quarter 2 2024

Numbers Unemployed and the Unemployment Rate

The number of persons aged 15-74 years who were unemployed increased by 9,100 (7.4%) to 131,200 in the year to Q2 2024, using standard International Labour Organisation (ILO) criteria. The unadjusted unemployment rate for persons aged 15-74 years increased from 4.4% to 4.6% over the year to Q2 2024. See Table 2.1.

Figure 3.1 Number of unemployed persons aged 15-74 years, Quarter 2 2020 to Quarter 2 2024,(thousands)
4.5%
unemployment rate for females in Q2 2024, up from 4.2% a year earlier
4.6% of males were unemployed in Q2 2024, no change from Q2 2023
Source: CSO Ireland, Labour Force Survey Quarter 2 2024

Unemployment by sex

Unemployment increased by 3,000 (+4.5%) for males to 69,800 in the year to Q2 2024 – this compares with a rise of 6,100 (+11.0%) to 61,400 for females over the same period. The unemployment rate for males was 4.6% in Q2 2024 and Q2 2023, while the corresponding rates for females were 4.5% and 4.2% respectively.

Figure 3.2 Unemployment rate for those aged 15-74 years by sex, Quarter 2 1998 to Quarter 2 2024
Table 3.1 Persons aged 15 - 89 years classified by ILO Economic Status and Age Group

Youth Unemployment Rate

The unemployment rate for those aged 15-24 years, known as the Youth Unemployment Rate, stood at 12.0% in Q2 2024 down from 12.2% in Q2 2023. See Table 2.2.

Figure 3.3 Unemployment rates for persons aged 15-24 years and 25-74 years, Quarter 2 1998 to Quarter 2 2024

Duration of Unemployment

78.7%* of unemployed persons in Q2 2024 were in short-term unemployment (less than one year). Over the year to Q2 2024, short-term unemployment rose by 14,800 (+17.5%) to 99,400, while there was a decrease of 5,400 (-16.7%) in the numbers of long-term unemployed to 26,900. See Table 3.2.

*excluding ‘Not stated’ 

Figure 3.4 Number of unemployed persons aged 15-74 years classified by sex and unemployment duration, Quarter 2 2020 to Quarter 2 2024, (thousands)

The long-term unemployment rate decreased from 1.2% in Q2 2023 to 0.9% in Q2 2024. Over a fifth (21.3%)* of unemployed persons were in long-term unemployment in Q2 2024 which is down from 27.6%* a year earlier.  See Table 3.2.

*excluding ‘Not stated’

Figure 3.5 Long-term unemployment rate for persons aged 15-74 years, Quarter 2 1998 to Quarter 2 2024
Table 3.2 Persons aged 15-74 years classified by sex and duration of unemployment (ILO)

Unemployment by Region

On an annual basis, unemployment increased in six out of eight NUTS 3 regions.

Two of the NUTS 3 regions showed a decrease in unemployment over the year to Q2 2024. The largest decrease occurred in the Mid-West region down (-3,100) or -24.5%.