Windsor Framework & Northern Ireland Protocol Overview

Employment growth strong Unemployment rate low but has been rising in recent months Unemployment rate at 4.9% in December – climbing in recent months but still close to full employment 35 30 300 Employment up 12.7% on pre-pandemic as female employment surges, but growth moderating 25 20 do % 15 10 5 0 T 2005 2010 2015 Unemployment rate I 2020 Source: CSO No. of Persons, y-o-y, thousand 200 100 -100 -200 | | [ 2016 2017 2018 2019 2020 2021 2022 2023 Females Males Total Source: CSO Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency Note: Unemployment rate series shown uses the Covid adjusted unemployment rate between March 2020 and Feb 2022 and the standard unemployment rate elsewhere. 13

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