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Labour Market

Dáil Éireann Debate, Thursday - 8 February 2024

Thursday, 8 February 2024

Questions (196)

Bernard Durkan

Question:

196. Deputy Bernard J. Durkan asked the Minister for Enterprise, Trade and Employment the extent to which employment has fluctuated in this jurisdiction over the past four years to date; and if he will make a statement on the matter. [5974/24]

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Written answers

According to the most recent employment figures from the CSO’s Labour Force Survey, total employment in Ireland stood at 2.66 million people in the third quarter of 2023. This represents an increase of 14%, or an additional 329,000 jobs, compared to the same period in 2019, when total employment stood at 2.33 million. The employment rate in Ireland was 74% in the third quarter of 2023, up from 70% in 2019. There are now more people at work in Ireland than ever before.

The increase in the rate of female employment since 2019 has been particularly striking, increasing from 64% in Q3 2019 to 70% by Q3, 2023- a record high- while the employment rate for men has also increased from 75% to 78% during this time.

The COVID-19 pandemic had a disruptive impact, with employment reaching a low of 1.77 million in the second quarter of 2020 according to the CSO’s COVID-19 adjusted estimates. The post-pandemic recovery in employment has nevertheless been very strong and highlights the resilience of the Ireland’s labour market.

Government policies aimed at creating an attractive environment for both indigenous enterprise and foreign direct investment and enhancing the availability of talent to employers have resulted in record-breaking levels of job creation being achieved in the context of ongoing international economic and geopolitical turbulence, while initiatives such as Pathways to Work are helping to create a more inclusive labour market.

If this momentum is to be maintained, it will be essential that more people-particularly those in cohorts traditionally more distant from the labour market- are given the support they need to enter employment, ensuring in turn that Irish enterprise continues to have access to a pool of high-quality, adaptable and flexible talent.

To meet the demand for skills and to continue increasing participation in employment, there is close collaboration across Government, in particular between the Department of Social Protection, the Department of Further and Higher Education, Research, Innovation and Science, its agencies and my own Department, as well as between Government, industry, and the education and training system more broadly, in order to continue building a highly skilled and inclusive workforce.

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