New figures from the Central Statistics Office show that the unemployment rate decreased from 5.2% to 4.9% between the second and third quarters of this year.

This means the total number of people in employment is now over 2.3 million, the highest figure on record.

Ian Guider, markets editor of The Sunday Business Post, discussed this story and more in our daily business round-up, including:

• Kylie Jenner sells $600 million stake in beauty line to Coty
• The viability of Bewley's café is threatened because it cannot use its upper floors

Listen to the interview in full by pressing the play button on this page.