|€ million||€ million||%|
|Total Other Labour Costs||10,000||10,617||6.2|
|Total Labour Costs||72,861||77,178||5.9|
|Average Other Labour Costs||5,873||6,005||2.2|
|Average Total Labour Costs||42,793||43,651||2.0|
Average annual earnings €37,646 in 2017, up by 2.0%
Average annual earnings increased by 2.0% to €37,646 in 2017, from €36,920 in 2016. This compares to an annual increase of 1.3% in 2016 from €36,458 in 2015. See figure 1 and table 5.
Key features of the annual results for 2017 include:
Revisions: Earnings and Labour Costs data have been revised from 2008 to 2017. These revisions are reflected in both the Earnings and Labour Costs Annual 2017 release and related StatBank tables. These revisions arise as a result of the introduction of the new Labour Force Survey, new population estimates as a result of the 2016 Census of Population and other minor updates to EHECS aggregation processes. The revisions primarily change the number of employees in NACE sectors over the period and thus mainly affect the total earnings and labour costs statistics. The revisions have minor impact on average earnings and labour costs statistics and do not change previously published trends.
Total annual labour costs increase 5.9% to €77.2 billion in 2017
The total cost of employing labour in 2017 was €77.2 billion, an increase of 5.9% from 2016. Total annual labour costs were €62.3 billion in 2012 and have increased each year to 2017, up 23.9% to €77.2 billion in the five years. See figure 2, table 1 and table 4.