{"id":54598,"date":"2025-08-09T04:45:12","date_gmt":"2025-08-09T04:45:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/54598\/"},"modified":"2025-08-09T04:45:12","modified_gmt":"2025-08-09T04:45:12","slug":"unemployment-rate-rises-to-4-9-in-july","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/54598\/","title":{"rendered":"Unemployment rate rises to 4.9% in July"},"content":{"rendered":"<p>The unemployment rate increased slightly in July when compared to the previous month, new figures from the Central Statistics Office show.<\/p>\n<p>The seasonally adjusted rate was 4.9%, up from 4.6% in June.<\/p>\n<p>The monthly youth unemployment rate for those aged 15-24 jumped to 12.2%, from 11.3% the previous month.<\/p>\n<p>The rate for those aged 25-74 years increased slightly to 3.8%, from 3.6% in June.<\/p>\n<p>The unemployment rate for males was 5%, and 4.7% for females.<\/p>\n<p>On an annual basis, the unemployment rate increased from 4.5% last July.<\/p>\n<p>&#8220;The seasonally adjusted number of people unemployed was 143,100 in July 2025, compared with 134,500 in June 2025,&#8221; said Conor Delves, Statistician in the Labour Market Analysis Section at the CSO.<\/p>\n<p>&#8220;There was an increase of 12,700 in the seasonally adjusted number of people unemployed in July 2025 when compared with July 2024,&#8221; he added.<\/p>\n<p>Andrew Webb, Chief Economist at Grant Thornton Ireland described the rise in unemployment as a &#8220;warning light on the economic dashboard&#8221;.<\/p>\n<p>&#8220;After three months of rate stability, this sharp increase, especially the spike in youth unemployment to 12.2%, suggests that business confidence may be softening,&#8221; he said.<\/p>\n<p>He said rising global uncertainty and the growing risk of tariffs are making firms more cautious.<\/p>\n<p>&#8220;That hesitation is now showing up in the jobs data.<\/p>\n<p>&#8220;Ireland\u2019s labour market remains strong by historical standards, but policymakers should take this signal seriously. If ignored, today\u2019s flicker could become a more persistent fault,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"The unemployment rate increased slightly in July when compared to the previous month, new figures from the Central&hellip;\n","protected":false},"author":2,"featured_media":54599,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,63,99,180],"class_list":{"0":"post-54598","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-jobs"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/54598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=54598"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/54598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/54599"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=54598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=54598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=54598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}