Unemployment rate moves up to 4.4% in April

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New figures from the Central Statistics Office show that the unemployment rate moved up to 4.4% in April from a revised figure of 4.1% in March.

Unemployment in April of last year had stood at 4.1%.

The CSO said the seasonally adjusted number of people who were unemployed stood at 124,200 in April, compared with 115,400 in March 2024. Commenting on today's figures, Jack Kennedy, senior economist at hiring platform Indeed, said that while up slightly, the unemployment rate remains well below 5%, a level it has not been above since December 2021, just a month before the Government lifted all Covid-19 restrictions.

"The rebound in the technology sector's activity, while a boost to the economy, has not yet been reflected in increased job opportunities," the economist said.

Source: Entertainment Trends (entertainmenttrends.net)

Business Central Statistics Office Unemployment

 

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