Irish unemployment rate falls below 8 percent
DUBLIN, May 24 (Reuters) - Ireland (Other OTC: IRLD - news) 's unemployment rate fell below 8 percent in April for the first time since its financial crisis, revised statistics showed on Tuesday.
The unemployment rate was 7.9 percent in April, a revision from an earlier estimate of 8.4 percent, the central statistics office said following the publication of detailed data for the first three months of 2016.
Employment has increased strongly since the jobless rate hit a high of 15.1 percent in early 2012 when Ireland was midway through a three-year international bailout, and has fallen from 9.8 percent a year ago amid a broadening economic recovery. (Reporting by Conor Humphries; Editing by Andrew Heavens)