Employment rate hits record high in Ireland

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The number of people employed in Ireland has reached a new record high of 2.55 million, according to new figures from the Central Statistics Office (CSO).

The latest CSO Labor Force Survey, released today, showed that the employment rate for people aged 15-64 in the second quarter of this year was 73.5%, an increase of 4, 9% year over year.

A total of 2,554,600 people were employed in the state in the second quarter of this year, nearly 200,000 more than in 2019. The figure is nearly 700,000 higher than it was a year ago. ten years.

Over the past year, the number of men in the labor force increased by 4.5% to 1.4 million, while the number of women increased by 6.9% to 1.25 million.

The overall participation rate was 65.2% in the second quarter, compared to 63.1% in 2021.

Employment increased in most sectors, although the largest year-on-year increase (39.2%) was in the accommodation and food services sector, thanks to the end pandemic restrictions.

Construction employment also increased significantly, by 31.4% in total.

CSO Labor Force Survey.

“These surveys give us a picture of the economic and social situation of Irish citizens in some way and with some level of detail,” said CSO statistician Sam Scriven.

“Employment increased in the year to the second quarter of 2022 in most economic sectors, with the largest increase in the accommodation and food services sector. However, employment in this sector at 168,200 remains below the Q2 2019 level of 180,800.”

Total hours worked per week rose 9% year-over-year, with employees working a record 83 million hours per week in total during the second quarter of the year.

“The impact on hours worked varied across different economic sectors. The number of hours worked in the second quarter of 2022 per week was higher than a year ago in almost all sectors,” Scriven said.

The number of absences from work during the quarter fell to 187,200, compared to a peak of 468,500 absences recorded at the same time in 2020, when the labor market was most affected by Covid-19 restrictions.

One in four people were still working from home full-time, with 36% of employed people still working from home at some level.

Only 119,900 people of working age (4.5% of the population) were classified as unemployed this year.

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