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Unemployment rate 13.5% in July

Ireland’s COVID-19 Adjusted Unemployment rate fell to 13.5% in July, down from 16.2% in June, and down from 19.1% in July of 2020.

The COVID-19 Adjusted Unemployment rate includes the normal unemployment rates and those on the Pandemic Unemployment Payment (PUP). That gives a total of 341,925 people, with 184,213 of those being people on the Live Register and, as of last week, 157,712 people who are on the PUP.

The PUP is currently costing the Irish taxpayer €46.7 million a week.

According to the COVID-19 Adjusted Unemployment rate 13.2% of males and 13.7% of females are now as unemployed, with 28.6% of those aged 15-24, and 11% of those aged 25-74, unemployed.

The traditional unemployment rate, which does not include those currently receiving the PUP was 7.3% in July, down from 8.1% in June.

April of last year saw the COVID-19 Adjusted Unemployment rate climb to 30.5%, the highest recorded during the pandemic.

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