Ireland's unemployment rate rose to 4.2% in October, with youth unemployment at 10.6%.

Ireland's unemployment rate slightly rose to 4.2% in October from 4.1% in September, with 121,200 people unemployed. The youth unemployment rate increased to 10.6%. Despite a 20% year-on-year decline in job postings, economist Jack Kennedy predicts the rate will stay below 5% in 2024. Concerns linger regarding geopolitical tensions and the concentrated nature of corporation tax, which could impact economic stability.

November 06, 2024
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