Average weekly earnings were €963.17 in Quarter 2 (Q2) 2024, up 5.6% from €911.74 in Q2 2023.
Average hourly earnings rose by 5.4% to €29.71 in Q2 2024, from €28.19 in Q2 2023.
Average weekly paid hours were 32.4 in Q2 2024, up by 0.3% from the Q2 2023 hours of 32.3.
The job vacancy rate at the end of Q2 2024 was 1.1%, lower than the 1.3% recorded at the end of Q2 2023 and remained unchanged from the end of Q1 2024.
Average hourly other labour costs grew by 10.1% to €5.22 in Q2 2024, from €4.74 in Q2 2023.
The highest averages for hourly total labour costs in Q2 2024 were €59.64 in Information & Communication, and €50.10 in Financial & Real Estate.
The Professional, Scientific & Technical Activities sector had the highest job vacancy rate at 2.2% in Q2 2024, followed by 1.8% in the Transportation & Storage sector.
Headline Table: Earnings, Hours and Labour Costs, unadjusted and seasonally adjusted | |||||||
Average Weekly Earnings | Average Hourly Earnings | Average Hourly Total Labour Costs | Average Weekly Paid Hours | ||||
€ | € | € | Hours | ||||
Unadjusted | |||||||
Q2 2023 | 911.74 | 28.19 | 32.93 | 32.3 | |||
Q2 2024 | 963.17 | 29.71 | 34.93 | 32.4 | |||
Annual % change | 5.6 | 5.4 | 6.1 | 0.3 | |||
Seasonally Adjusted | |||||||
Q1 2024 | 949.63 | 29.07 | 34.19 | 32.5 | |||
Q2 2024 | 963.13 | 29.64 | 34.80 | 32.5 | |||
Quarterly % change | 1.4 | 2.0 | 1.8 | 0.0 |
While there is no internationally agreed methodology for assessing the public/private sector wage gap, the CSO has published analysis of the differential using a matched Labour Force Survey and PAYE Modernisation (PMOD) dataset for 2019-2022. This analysis took account of compositional differences between the public and private sector, such as occupational mix, sectors of activity, gender balance, union membership, etc. The public sector pay gap in 2022 was estimated to range from -6.6% to +0.9% depending on the specification applied and the treatment of the additional superannuation contribution.
For the most recent analysis, see Econometric Analysis of the Public-Private Sector Pay Differential 2022. Previous analysis of the Public-Private Sector Pay Differential is available here.
Average weekly earnings were €963.17 in Q2 2024, an increase of 5.6% when compared with €911.74 from one year earlier, according to preliminary estimates of the Earnings and Labour Costs quarterly release.
The largest annual percentage increase in Q2 2024 in average weekly earnings was 11.8% in the Construction sector, rising from €900.39 to €1,006.22. The second largest increase was 7.0% in the Administrative & Support Services sector which rose from €714.50 to €764.39 over the year.
In the five years to Q2 2024, average weekly earnings rose by 24.9%. All sectors saw increases in average weekly earnings over this period.
Average hourly earnings grew on an annual basis by 5.4% to €29.71 in Q2 2024, while average weekly paid hours rose from 32.3 in Q2 2023 to 32.4 in Q2 2024. Over the five years from Q2 2019 to Q2 2024, average hourly earnings rose by 25.4% from €23.69 to €29.71, while average paid hours decreased 0.6% from 32.6 to 32.4 hours.
5 Year % Change | |
Information & communication | 38.5867570003004 |
Construction | 27.466430200152 |
All sectors | 24.8616134510429 |
Admin & support service | 24.2870150564209 |
Arts & entertainment | 23.8784109149278 |
Accommodation & food | 23.4882640653605 |
Industry | 21.4086983618234 |
Wholesale & retail | 20.7084239084644 |
Professional & technical | 20.6581736520662 |
Health & social | 20.2009017902404 |
Financial & real estate | 19.995311970969 |
Public admin & defence | 19.7912811022003 |
Education | 15.928093155247 |
Transportation | 8.41888874449159 |
X-axis label | Unadjusted | Seasonally Adjusted |
---|---|---|
Q217 | 22.27 | 22.31 |
Q317 | 22.16 | 22.67 |
Q417 | 22.6 | 22.61 |
Q118 | 23.4 | 22.82 |
Q218 | 22.94 | 22.97 |
Q318 | 22.62 | 23.18 |
Q418 | 23.31 | 23.33 |
Q119 | 24.05 | 23.42 |
Q219 | 23.69 | 23.72 |
Q319 | 23.54 | 24.18 |
Q419 | 24.23 | 24.24 |
Q120 | 24.76 | 24.08 |
Q220 | 25.38 | 25.4 |
Q320 | 24.38 | 25.08 |
Q420 | 25.57 | 25.58 |
Q121 | 26.84 | 26.08 |
Q221 | 26.08 | 26.07 |
Q321 | 25.31 | 26.09 |
Q421 | 26.29 | 26.29 |
Q122 | 27.46 | 26.66 |
Q222 | 26.76 | 26.73 |
Q322 | 26.22 | 27.06 |
Q422 | 27.89 | 27.9 |
Q123 | 28.54 | 27.7 |
Q223 | 28.19 | 28.14 |
Q323 | 27.83 | 28.76 |
Q423 | 28.43 | 28.43 |
Q124 | 29.95 | 29.07 |
Q224 | 29.71 | 29.64 |
Q2 2023 | Q2 2024 | |
Industry | 27.49 | 29.21 |
Construction | 24.62 | 27.43 |
Wholesale & retail | 22.23 | 23.14 |
Transportation | 24.36 | 24.22 |
Accommodation & food | 15.93 | 16.88 |
Information & communication | 41.61 | 44.38 |
Financial & real estate | 38.28 | 39.76 |
Professional & technical | 32.43 | 33.87 |
Admin & support service | 22.64 | 24.32 |
Public admin & defence | 31.13 | 32.88 |
Education | 40.8 | 42.54 |
Health & social | 27.41 | 28.49 |
Arts & entertainment | 21.53 | 21.94 |
All sectors | 28.19 | 29.71 |
X-axis label | Unadjusted | Seasonally Adjusted |
---|---|---|
Q217 | 32.4 | 32.4 |
Q317 | 32.4 | 32.3 |
Q417 | 32.4 | 32.2 |
Q118 | 31.8 | 32.3 |
Q218 | 32.5 | 32.5 |
Q318 | 32.8 | 32.5 |
Q418 | 32.4 | 32.4 |
Q119 | 32.1 | 32.4 |
Q219 | 32.6 | 32.6 |
Q319 | 32.7 | 32.5 |
Q419 | 32.4 | 32.4 |
Q120 | 32.3 | 32.3 |
Q220 | 32.2 | 32.2 |
Q320 | 32.6 | 32.4 |
Q420 | 33.1 | 32.7 |
Q121 | 32.1 | 32.8 |
Q221 | 32.6 | 32.6 |
Q321 | 33.1 | 32.5 |
Q421 | 32.9 | 32.7 |
Q122 | 32.3 | 32.8 |
Q222 | 32.6 | 32.7 |
Q322 | 33.1 | 32.7 |
Q422 | 32.4 | 32.5 |
Q123 | 32.4 | 32.6 |
Q223 | 32.3 | 32.4 |
Q323 | 32.6 | 32.5 |
Q423 | 32.6 | 32.5 |
Q124 | 32.5 | 32.5 |
Q224 | 32.4 | 32.5 |
Average hourly total labour costs were €34.93 across all economic sectors in Q2 2024. Information & Communication had the highest average hourly total labour costs at €59.64, followed by € 50.10 in the Financial & Real Estate Activities sector.
The sectors with the lowest cost of employing labour were Accommodation & Food Services Activities at €18.76 and Arts, Entertainment, Recreation & Other Service Activities at €25.24.
Average hourly total labour costs increased by 27.0% over the five years to Q2 2024, from €27.50 per hour to €34.93.
5 Year % Change | |
Information & communication | 51.025576095214 |
Admin & support services | 33.0352941176471 |
Construction | 29.3211162015827 |
Accommodation & food | 27.2727272727273 |
All sectors | 27.0181818181818 |
Public admin & defence | 25.9401114206128 |
Arts & entertainment | 24.8269040553907 |
Professional & technical | 24.4218316373728 |
Industry | 23.9902506963788 |
Wholesale & retail | 20.2301903497123 |
Health & social | 20.166163141994 |
Financial & real estate | 19.7991391678623 |
Education | 18.6516853932584 |
Transportation | 0.896057347670243 |
Average weekly earnings increased by 4.9% across the public sector in the year to Q2 2024, rising from €1,105.67 to €1,159.97.
The Public Sector Pay Agreement 2024-2026 introduced an increase in the annualised basic salaries for public servants of 2.25%, which was backdated to 1 January 2024. Payments to public servants in Q2 2024 included some or all backdated pay, which impacts the annual percentage change of average weekly and hourly earnings.
An Garda Síochána had the highest average weekly earnings and average weekly paid hours in Q2 2024 in the public sector at €1,782.49 and 43.2 hours respectively. The highest average hourly earnings in this period were €48.59 in the Education sector.
Q2 2023 | Q2 2024 | |
Civil service | 1067.75 | 1120.69 |
Defence | 928.41 | 977.52 |
Garda Siochana | 1732.43 | 1782.49 |
Education | 1088.43 | 1124.35 |
Regional bodies | 965.3 | 1025.27 |
Health | 1091.51 | 1160.25 |
Semi-state | 1169.67 | 1231.73 |
All public sector | 1105.67 | 1159.97 |
Q2 2023 | Q2 2024 | |
Civil service | 45300 | 50800 |
Defence | 9500 | 9900 |
Garda Siochana | 14300 | 14400 |
Education | 113400 | 112500 |
Regional bodies | 37200 | 38000 |
Health | 163800 | 168700 |
Semi-state | 60500 | 64600 |
The job vacancy rate in Q2 2024, which measures job vacancies on the last working day of the quarter, was down at 1.1% from 1.3% in Q2 2023. It remained unchanged at 1.1% recorded at the end of Q1 2024.
The highest job vacancy rates in Q1 2024 were 2.2% in the Professional, Scientific and Technical Activities sector, followed by 1.8% in the Transportation & Storage sector.
There were 26,400 job vacancies, (rounded to the nearest 100), at the end of Q2 2024, down by 2,000 from the end of Q2 2023.
X-axis label | Job Vacancy Rate |
---|---|
Q217 | 1.1 |
Q317 | 1.1 |
Q417 | 1 |
Q118 | 1 |
Q218 | 1.2 |
Q318 | 1 |
Q418 | 0.9 |
Q119 | 1.2 |
Q219 | 1.1 |
Q319 | 0.9 |
Q419 | 0.9 |
Q120 | 0.8 |
Q220 | 0.7 |
Q320 | 0.8 |
Q420 | 0.9 |
Q121 | 1 |
Q221 | 1.2 |
Q321 | 1.5 |
Q421 | 1.4 |
Q122 | 1.6 |
Q222 | 1.6 |
Q322 | 1.6 |
Q422 | 1.3 |
Q123 | 1.4 |
Q223 | 1.3 |
Q323 | 1.2 |
Q423 | 1.1 |
Q124 | 1.1 |
Q224 | 1.1 |
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Statistician's Comment
The Central Statistics Office (CSO) has today (27 August 2024) issued Earnings and Labour costs results with Preliminary estimates for Quarter 2 (Q2) 2024 and Final estimates for Q1 2024.
Commenting on the data, Louise Egan, Statistician in the Earnings Analysis Division, said: “Preliminary estimates for April, May, and June (Q2) 2024 show average weekly earnings were €963.17, up 5.6% or by €51.43 compared with Q2 2023.
Earnings and Hours
Average weekly earnings rose across all 13 sectors in the year to Q2 2024. The largest annual percentage increase in average weekly earnings in Q2 2024 was 11.8% in the Construction sector.
Average hourly earnings grew on an annual basis by 5.4% to €29.71, while average weekly paid hours increased by 0.3% to 32.4 in Q2 2024 from 32.3 in Q2 2023. Over the five years from Q2 2019 to Q2 2024, average hourly earnings went up by 25.4% from €23.69 to €29.71.
Labour Costs
Average hourly other labour costs rose by 10.1% across all economic sectors to €5.22 in Q2 2024 from €4.74 in Q2 2023, while average hourly total labour costs grew by 6.1% in the same period.
The sector with the highest average hourly total labour costs in Q2 2024 was the Information & Communication sector at €59.64. The lowest average total labour costs were in the Accommodation & Food Service Activities sector, which recorded a rate of €18.76.
Job Vacancy Rate
The job vacancy rate in Q2 2024, which measures job vacancies on the last working day of the quarter, was 1.1%, which was unchanged from the end of Q1 2024 and down from 1.3% at the end of Q2 2023."