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Earnings and Labour Costs release Q4 2010
Summary of headline results - Q4 2010
Quarter |
Average Hourly Earnings
|
Average Weekly Hours
|
Average Weekly Earnings
|
€
|
hours
|
€
|
|
Q4 2009 |
22.38
|
32.1
|
717.73
|
Q3 2010* |
21.33
|
32.1
|
684.00
|
Q4 2010* |
21.96
|
31.8
|
699.46
|
Quarterly change % |
+3.0
|
-0.9
|
+2.3
|
Annual change % |
-1.9
|
-0.9
|
-2.5
|
* Preliminary estimates
Hourly earnings down by 1.9% in year to Q4 2010
Average hourly earnings fell from €22.38 per hour in Q4 2009 to €21.96 in Q4 2010 representing a decrease of 1.9% over the year. This compares with a revised estimated decrease of 1.9% in the year to Q3 2010 and an increase of 0.9% in the year to Q4 2009.
Average hourly earnings for the year 2010 were 1.6% lower than in 2009. This follows a 2.5% increase recorded between 2008 and 2009.
Across the economic sectors average hourly earnings fell in 9 of the 13 sectors with the largest decreases in the Human health and social work (-6.7%) and Public administration and defence (-6.1%).
Average hourly earnings in the public sector fell by 4.9% compared with the marginal fall of 0.3% in the private sector.
Paid hours per week fall by 0.9% annually
Average weekly paid hours fell to 31.8 in Q4 2010, a slight fall of 0.3 hours or 0.9% over the year.
Weekly earnings down by 2.5% in year to Q4 2010
Average weekly earnings fell to €699.46 in Q4 2010, down from €717.73 a year earlier. This decrease of 2.5% over the year compares with a revised estimated decrease of 1.5% in the year to Q3 2010 and a decrease of 0.4% in the year to Q4 2009.
Employment decreases in both private and public sectors in year to Q4 2010
The overall number of employees fell by 39,700 (-2.5%) in the year to Q4 2010. A decrease of 35,900 (-3.1%) was recorded in private sector employment over the twelve month period, while public sector employment was down 3,800 (-0.9%).
For further information contact
Majella Lysaght 021 453 5513,
Margaret O'Mahony 021 453 5216 or
Brendan Curtin 021 453 5577
Email: earnings@cso.ie
Central Statistics Office 15 March 2011
- ENDS -