New figures from the Central Statistics office show that the unemployment rate in April fell to its lowest rate since the start of the Covid-19 pandemic, dropping to 4.8% in April from a downwardly revised 5.1% in March.
The rate compares to a figure of 7.5% in April last year.
The jobless rate, including people on a separate benefits scheme for those who lost their job due to Covid-19 disruption ends, had stood at 7% at the end of February, before the scheme ended.
The CSO said the seasonally adjusted number of people who were unemployed stood at 129,500 in April, down from 135,800 in March.
When compared to the same month last year, the CSO said there was an annual decrease of 56,800 in the seasonally adjusted number of people who were without a job.
"In April 2022, the seasonally adjusted monthly unemployment rate was 4.9% for males and 4.7% for females," said John Mullane, CSO statistician.
"Breaking the results down by broad age group, the seasonally adjusted monthly unemployment rate for those aged 15 to 24 years was 5.6%, while it was 4.7% for those aged 25 to 74 years," he added.
Commenting on the latest figures, Jack Kennedy, economist at job site Indeed, noted that unemployment is continuing to fall despite the uncertainty created by the war in Ukraine and rising inflation.
"Employers are still actively hiring, with the level of Irish job postings on Indeed up 52% on 29 April 2022, compared to 1 February 2020," he said.
"Against this competitive backdrop for talent, employers who demonstrate flexibility and offer compelling benefits over and above the basic remuneration package will be best placed to succeed," he added.
