Given our forecasts for labour force growth, this implies that the unemployment rate will drop to 4.9 per cent this year and 4.7 per cent next year.6 So, our central forecasts indicate that the current economic prospects for the Irish economy are quite robust. Risks from inside and out Risks however are prevalent from both inside and out.
However, it is important that we are not complacent in thinking that the UK’s departure from the EU is the only risk to the Irish economic outlook. The international outlook is uncertain.