Ireland’s unemployment rate has dropped to an almost 11-year low with the latest June jobless rate standing at 5.1 per cent in the country, the lowest since October 2007, according to the statistics released by Central Statistics Office (CSO) of Ireland on Tuesday, reports Xinhua from Dublin.

In June, there were altogether 120,200 people remaining jobless in the country and they included 64,600 males and 55,500 females, said the CSO statistics.

In the month, the jobless rate for males stood at 5.1 percent, down from 7.2 per cent in June 2017 while that for females stood at 5.2 per cent, down from 5.9 per cent over a year ago, it said.

Commenting on the latest CSO figures, Alan McQuaid, an economist of a local economic research company Merrion Capital, said that the jobless rate in Ireland is more than three percentage points below the current Eurozone average of 8.4 per cent, reflecting a better performance of the Irish labor market as well as its economy in the region.