Labour market information

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Ireland - National Level

Short overview of the labour market

 

As an international trading economy, Ireland is heavily dependent on foreign trade and influenced by global markets. Ireland is regularly cited as one of the most open markets in the world and rates highly in globalisation indexes. Ireland has recovered from a prolonged recession, the Central Bank estimating economic growth of 4.9% in 2019, moderating to 4.1per cent in 2020. This strong growth is accompanied by a continuing fall in unemployment, down from 6.0% in Q3 2018 to 4.8% in Q4 2019, alongside an increase in the employment rate from 69.1% in Q2 2019 to 69.6% in Q3 2019.”

 

Text last edited on: 03/2020


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