The recent exceptional growth in the Irish jobs market looks to have passed, but the apparent chilling in the labour market is more nuanced than the headline statistics suggest.
At a sectorial level, the out-turn was mixed. Of the 14 sub-sectors, nine expanded in the year to Q3 2025.
Unemployment remains historically low, but has been grinding higher, and reached 5% in Q3 on a seasonally adjusted basis.
While the jobs data remain positive overall, there are clear signs that this cooling in hiring will continue.
