Windsor Framework & Northern Ireland Protocol Overview
Signs of labour market tightness
Vacancy rates across sectors falling but still elevated
Vacancy rates falling compared to a year ago but still elevated
from historical averages
Beveridge curve suggests a tight labour market that has been
loosening in recent months
0
1
Vacancy Rate, %
2
1.8
3
4
1.5
Financial & Insurance
Prof, Sci & Technical
Public (incl Health, Edu)
Arts, Rec & Other
ICT
Industry
Admin Services
Construction
Wholesale & Retail
Accomm & Food
Real Estate
1 year ago Average (2008 - present) Current
Vacancy rate
1.3
1.0
0.8
0.5
0.3
I
I
I
I
I
I
4.0
6.0
8.0
10.0 12.0
Unemployment rate
14.0
16.0
2008 2012 2013 2020 2021 - present
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
Source: Eurostat
Source: Eurostat, CSO
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