{"id":437272,"date":"2026-02-21T04:06:08","date_gmt":"2026-02-21T04:06:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/437272\/"},"modified":"2026-02-21T04:06:08","modified_gmt":"2026-02-21T04:06:08","slug":"unemployment-rate-drops-to-4-4-cso-figures-show","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/437272\/","title":{"rendered":"Unemployment rate drops to 4.4%, CSO figures show"},"content":{"rendered":"<p>The unemployment rate stood at 4.4% in the fourth quarter of last year.<\/p>\n<p>The figure represents an increase of 0.4 percentage points from 4% during the same time in 2024, according to data from the Central Statistics Office.<\/p>\n<p>However, the unemployment rate for October to December compares to a level of 5.3% during the third quarter of the year, which was the highest rate since the third quarter of 2021.<\/p>\n<p>The latest Labour Force Survey shows there were 128,200 unemployed people aged 15-74 years in Q4 2025, which is an increase of 12,100 or 10.4% year on year.<\/p>\n<p>The data shows that the youth unemployment rate stood at 9.8% in Q4 2025, which was down slightly from 9.9% in Q4 2024.<\/p>\n<p>The CSO said the total number of unemployed people aged 15-24 years was 35,000, which was unchanged from the same period last year.<\/p>\n<p>The overall employment rate increased slightly to 74.5% between October and December, up from 74.3% in Q4 2024.<\/p>\n<p>The CSO said the estimated number of people in employment during the fourth quarter of last year stood at 2,833,100, which is up by 2% year on year.<\/p>\n<p>Statistician in the Labour Market &amp; Earnings Division of the CSO Colin Hanley said the 2% rise in the number of people in employment in the 12 months to Q4 2025 &#8220;was equivalent to 56,700 more people working than a year earlier&#8221;.<\/p>\n<p>Almost two-thirds of those employed never work from home<\/p>\n<p>Mr Hanley also said that an estimated 582,600, or 20.6%, of those in employment worked part-time.<\/p>\n<p>&#8220;121,300 or 20.8% of those in part-time employment were classified as underemployed. They would like to work more hours for more pay.&#8221;<\/p>\n<p>The estimated total number of hours worked in the fourth quarter of 2025 was 88.1 million per week, which was 2.5m or 2.9% more hours worked per week than during the fourth quarter of 2024.<\/p>\n<p>The data also revealed that almost two-thirds of those in employment (1,865,600) stated that they never work at home, a rate which exceeds the pre-pandemic level for the first time.<\/p>\n<p>Colin Hanley said the number of people who work from home at least some of the time &#8220;decreased by 15,900 or 1.6% to 956,700 in Q4 2025&#8221;.<\/p>\n<p>Minister for Enterprise, Tourism and Employment Peter Burke said that the Irish labour market has shown &#8220;continued strength&#8221; in 2025.<\/p>\n<p>Peter Burke said the jobs growth has been widespread outside Dublin, which he said demonstrates the Government&#8217;s &#8220;commitment to balanced regional enterprise development&#8221;.<\/p>\n<p>&#8220;The latest CSO figures show a labour market that continues to perform strongly across key sectors including construction, transportation, and education.&#8221;<\/p>\n<p>Employment growth &#8216;gradually slowing&#8217;<\/p>\n<p>Kate English, Chief Economist at Deloitte Ireland, said the employment figures show that &#8220;Ireland\u2019s employment market softened in 2025, with an annual growth rate of 2%&#8221;.<\/p>\n<p>&#8220;Although the figures were improved from Q3\u2019s surprise sharp fall, the labour market has entered a new phase of its cycle and it is reaffirming expectations of more moderate economic growth in Ireland in 2026,&#8221; she added.<\/p>\n<p>&#8220;Positively, despite the slowdown in jobs added, the unemployment rate remains at particularly low levels.&#8221;<\/p>\n<p>Conall Mac Coille, Group Chief Economist at Bank of Ireland, said the Q4 2025 data &#8220;gives us confidence in our view that employment growth is gradually slowing, from exceptional rates above 3%, towards our forecast for 1.5% growth in 2026 and 2027&#8221;.<\/p>\n<p>He described those levels as &#8220;a robust expansion but more sustainable pace&#8221;.<\/p>\n<p>Mr Mac Coille noted that the fastest growing sectors for employment in 2025 were construction (+9% to 192,000), industry (+6.6% to 354,000), education (+7.7% to 258,000) and health (+2.8% to 393,000).<\/p>\n<p>There were reductions recorded in other sectors, including wholesale\/retail (-0.9% to 324,000), hotels\/restaurants (-0.7% to 183,000), while employment in the Information and Communications Technology (ICT) sector was down 7% to 184,000.<\/p>\n","protected":false},"excerpt":{"rendered":"The unemployment rate stood at 4.4% in the fourth quarter of last year. The figure represents an increase&hellip;\n","protected":false},"author":2,"featured_media":437273,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-437272","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/437272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=437272"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/437272\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/437273"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=437272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=437272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=437272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}