skip to main content

Unemployment rate steady at 4.3% in March - CSO

The March jobless rate of 4.3% was unchanged from February and down from 5% in March 2022
The March jobless rate of 4.3% was unchanged from February and down from 5% in March 2022

New figures from the Central Statistics Office show that the country's unemployment rate was steady at 4.3% in March.

The jobless rate was unchanged from February and down from 5% in March 2022.

The unemployment rate has remained between a 21-year low of 4.2% and 4.5% over the last 10 months amid a tight labour market.

The CSO noted that the seasonally adjusted number of people who were unemployed stood at 117,200 in March, easing from 117,500 in February.

There was a decrease of 14,400 in the seasonally adjusted number of people unemployed in March when compared with a year earlier, it added.

Today's figures show that the jobless rate for men stood at 4.1% in March, while it stood at 4.6% for women. This was

At 10%, the youth unemployment rated in March was down from a rate of 10.2% in February of this year.



Andrew Webb, the chief economist at Grant Thornton Ireland, said the unemployment rate appears to have stabilised at current levels for now, which can be regarded as a good outcome given the recent uncertainty around tech jobs.

"With consumer sentiment now showing signs of increasing, and corporate tax receipts performing exceptionally well, hope is growing that recessionary fears are abating and a more settled economic period lies ahead," Mr Webb added.