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CSO statistical release, , 11am

Earnings and Labour Costs Quarterly

Q1 2018 (Final) Q2 2018 (Preliminary Estimates)

 Unadjusted Seasonally Adjusted
 Average Weekly EarningsAverage Hourly EarningsAverage Weekly Paid HoursAverage Hourly Total Labour CostsAverage Weekly EarningsAverage Hourly EarningsAverage Weekly Paid HoursAverage Hourly Total Labour Costs
  € €Hours € € €Hours €
Q2 2017720.5222.2732.425.86722.0922.3632.425.91
Q1 2018744.7623.4031.827.06739.4322.8532.326.48
Q2 2018*744.0822.8932.526.42742.4122.9032.426.48
Quarterly change %    0.40.20.3-
Annual change %3.32.80.32.2    
* Preliminary Estimates    

Average weekly earnings up 3.3% in year to Q2 2018

Average weekly earnings by economic sector
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Average weekly earnings were €744.08 in Q2 2018, an increase of 3.3% from €720.52 one year earlier according to preliminary estimates of the Earnings and Labour Costs Quarterly release. Final data for average weekly earnings in Q1 2018 were €744.76 and showed an increase of 2.7% over the same period in 2017. See tables 1 and 4. 

Other features of the preliminary results for Q2 2018 include:

  • Average hourly earnings increased by 2.8% between Q2 2017 and Q2 2018, rising from €22.27 to €22.89. See table 2.
  • Average weekly paid hours increased by 0.3% between Q2 2017 and Q2 2018, from 32.4 to 32.5. See table 3.
  • Average hourly total labour costs were €26.42 in the second quarter of 2018, a rise of 2.2% from the value of €25.86 one year previously. See table 6c.
  • Seasonally adjusted average weekly earnings in Q2 2018 were €742.41, an increase of 0.4% from the previous quarter. See table 4.  
  • Average weekly earnings increased by 2.4% across the public sector in the year to Q2 2018, rising from €936.29 to €959.09. See table 8a.
  • The job vacancy rate at the end of Q2 2018 was 1.1%, the same rate as at the end of Q2 2017. See table 7c.

 

For frequently asked questions regarding earnings statistics, please see here.

 

Unadjusted average weekly earnings increase in all 13 sectors in year to Q2 2018

Average weekly earnings were €744.08 in Q2 2018, which represents average earnings in the Irish economy, however there are variations in earnings across the sectors. The highest average weekly earnings of €1,133.51 were in the Information and Communication sector, followed by the Financial, insurance and real estate activities sector at €1,119.36. The lowest average weekly earnings were €356.29 in the Accommodation and food service activities sector and €482.91 in the Arts, entertainment, recreation and other service activities sector. See table 1 and figure 2.

Average weekly earnings increased in all 13 sectors in the economy in the year to Q2 2018. The largest percentage increase was 6.5% in the Financial, insurance and real estate activities sector, in which average weekly earnings rose from €1,050.89 to €1,119.36 in the year to Q2 2018. The second largest increase was 6.3% in the Professional, scientific and technical sector which rose from €873.54 to €928.76 over the year. See table 1 and figure 2.

Average weekly earnings in the public sector (including semi-state) showed an increase of 2.4% from €936.29 to €959.09 in the year to Q2 2018. There was also an increase in average weekly earnings in the private sector of 3.6%, from €659.48 to €683.12 over the same period. See table 1.

In the five years to Q2 2018 average weekly earnings rose by 7.0%, from €695.65 in Q2 2013 to €744.08. There were large differences in the changes to average weekly earnings across individual sectors over this period, ranging between +15.7% in the Accommodation and Food Services sector and -3.5% in the Arts, entertainment, recreation and other service activities sector. See table 1 and figure 2.

 

Revisions: Earnings and Labour Costs data have been revised from Q3 2009 to Q1 2018. These revisions are reflected in both the Earnings and Labour Costs release for Q2 2018 and related StatBank tables. These revisions arise as a result of changes in the composition of the NUTS regions in the Labour Force Survey. The revisions are minor in nature, affect aggregated NACE sectors, such as NACE sectors B-S, B-E, D-E, K-L and R-S and do not change previously published trends in Earnings and Labour Costs data.

  

Note: While there is no internationally agreed methodology for assessing the public / private sector wage gap, the CSO has published analyses of the differential using the National Employment Survey for 2007-2010 and a matched Quarterly National Household Survey and P35 dataset for 2011-2014. These analyses 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 2014 was estimated to range from -0.36% to +5.05% depending on the specification applied and the treatment of the Pension Levy.  See analysis for 2007-2010 here and for 2011-2014 here.