Why it’s so hard to find a job in Ireland
The Irish economy is so badly battered that finding a job is no longer a priority for many.
Read moreThe unemployment rate stood at 8.5 per cent in July, well above the eurozone average of 6.3 per cent, according to figures released on Tuesday.
The figures were revised downwards slightly from an earlier estimate of 7.9 per cent.
The unemployment figures came after a series of job losses last year.
Last week, the Irish Chamber of Commerce said it had lost 7,500 jobs in the 12 months to March 2017, leaving it with 6,200 vacancies.
That is more than twice the number it lost in the same period in 2016.
Irish companies have been hit hard by the global financial crisis.
This is one of the hardest-hit sectors in the country.
A report from the National Institute of Economic and Social Research said the number of people out of work in Ireland fell by more than 20 per cent between the first quarter of 2018 and the third quarter of 2019.
But it also said the unemployment rate has fallen significantly since the recession ended in 2014.
In March, the unemployment rates of the three main sectors of the economy were 8.9, 8.2 and 7.7 per cent respectively.
While unemployment remains at a record high, unemployment among young people, those aged between 16 and 24 and people with a high school degree have decreased.
Some of the latest figures were released as unemployment in Dublin rose by almost 8 per cent to 3.8 per cent last month.
There were 1,500 people working part-time as part of the recession and the unemployment figure for March was 4.1 per cent compared with 3.4 per cent a year earlier.
The job market is now at a standstill in many areas of the country, with unemployment in Cork County up to 13 per cent for the third month in a row.
Across the capital, unemployment in the manufacturing sector stood at 10.6 per cent at the end of March.