Ireland unemployment rate eases to 4.0% in May on fewer youth jobless

Ireland’s unemployment rate continued to improve in May, data published by the Central Statistics Office showed on Thursday.

The seasonally adjusted unemployment rate was 4.0% in May, down from 4.1% in April and 4.4.% a year before. A total of 118,600 people were unemployed in May, versus 118,800 people the month prior. The number of people out of work was down by about 6,900 from a year before.

The youth unemployment rate, which counts people aged between 15 and 24, decreased to 10.9% from 11.2% the previous month.

For those aged between 25 and 74, unemployment rose slightly to 3.1% from 3.0% in April.

The CSO said 3.9% of males were unemployed in May, down from 4.2% the month prior. Unemployment was higher among females at 4.1%, but still lower than April’s 4.2% rate.

Unemployment figures are forecast based on trends in Ireland’s working age income recipient live register series, the CSO noted.

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Ways to help you invest your money

Our investment accounts

Put your money to work with our range of investment accounts. Choose from ISAs, pensions, and more.

Need some investment ideas?

Let us give you a hand choosing investments. From managed funds to favourite picks, we’re here to help.

Read our expert tips and insights

Our investment experts share their knowledge on how to keep your money working hard across the markets.