Unemployment in Ireland
Ireland - UnemploymentAvailable data for Q3 points to a frail economic scenario, after GDP plummeted at a record-breaking pace in Q2. Following robust expansions in July, industrial output swung to contraction in August and retail sales growth lost some pace in the same month. Moreover, while the manufacturing PMI stagnated in September, the services PMI fell back into negative territory amid falling new business. Turning to Q4, due to a surging number of new virus cases, the authorities imposed a six-week lockdown effective from 22 October, closing all non-essential businesses, bars and restaurants, while also limiting movement, which is set to weigh on activity in the quarter. Meanwhile, on 13 October, the government presented the 2021 budget draft with a spending package of almost EUR 18 billion—the largest in Irish history—aiming to prop up the economy amid the fallout from the health crisis.
Ireland - Unemployment Data
5 years of economic forecasts for more than 30 economic indicators.
Ireland Unemployment Chart
Source: Central Statistics Office Ireland.
|Bond Yield||-0.09||0.27 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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June 8, 2021
Manufacturing output fell at a softer pace of 0.5% in month-on-month seasonally-adjusted terms in April, easing from March’s 2.3% decline.
June 4, 2021
GDP bounced back solidly in the first quarter, expanding 7.8% on a seasonally-adjusted quarter-on-quarter basis and contrasting the 4.4% contraction seen in the fourth quarter of last year.
June 3, 2021
The AIB services sector Purchasing Managers’ Index (PMI) jumped to 62.1 in May from 57.7 in April, logging the best reading since March 2016.
June 1, 2021
The AIB manufacturing Purchasing Managers’ Index (PMI) logged a new series’ high, jumping to 64.1 in May, well above April’s 60.8.
Ireland: Consumer confidence rises to a near two-year high in May but remains in pessimistic terrain
May 21, 2021
Consumer confidence edged up to 85.8 in May, following April’s 77.9, logging the highest reading since June 2019.