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Context Matters
- The Irish labour market has been on an incredible run in recent years, with employment rising at a sharp rate, participation increasing, and unemployment remaining remarkably low.
- However, the Labour Force Survey for Q1 2026 has raised concerns for the job market.
- Other labour market reports recently published by the CSO run counter to the findings in the LFS though.
- While widely publicised layoffs at some prominent tech companies recently likely heightened fears that AI may already be replacing jobs, it is simply too early to say conclusively that this is the case.
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