FX.co ★ Irish Unemployment Edges Up to 4.9% in May 2026

Ireland’s unemployment rate ticked higher in May 2026, rising to 4.9% from 4.8% the previous month, according to the latest figures updated on 4 June 2026. The April 2026 reading had marked a low point at 4.8%, before the slight uptick observed in May.

The 0.1 percentage point increase suggests only a modest softening in labour market conditions, rather than a sharp reversal of previous trends. While the rise is small, investors and policymakers will be watching upcoming data to see whether May’s move signals the start of a broader slowdown or simply a temporary pause after April’s stronger performance.