Irish Economy 2014: Preliminary estimates show that average weekly
earnings were €689.88 in Q1 2014, down 0.4% from €692.54 a year earlier and
average hourly earnings fell 0.5%. Revised
weekly earnings were €688.78 in Q4 2013 and showed a fall of 0.4% over the same
period in 2012. The CSO says that while overall average hourly earnings
decreased by 0.1% from €22.11 to €22.08 in the 4 years to Q1 2014, across the
sectors hourly earnings have actually increased in 7 of the 13 sectors. The
largest percentage increase was recorded in the Information and
communication sector (+11.2%) from €25.87 to €28.77. The largest percentage
decrease in average hourly earnings over the same period was recorded in the
Construction sector (-5.1%) from €20.36 to €19.32.
Despite a recovery in employment, most of it is
in low-paid and non-regular paid sectors:
Irish Economy 2014: Number of employees remains below bailout quarter of 2010
Other features of the preliminary results for Q1
- Average hourly earnings were €22.08 in Q1
2014 compared with €22.20 in Q1 2013, representing a decrease of 0.5% over
- Average weekly paid hours were 31.2 in Q1
2014, which was the same as those recorded in Q1 2013.
- Average hourly total labour costs stood at
€25.40 in Q1 2014, a fall of 0.9% from the Q1 2013 value of €25.62.
- Average weekly earnings in the public sector
were €899.57 in Q1 2014, a decrease of 1.8% over the Q1 2013 value of
- Estimated numbers of persons employed in the
public sector were 375,500 in Q1 2014, an annual decrease of 0.7% over the
same period a year earlier.
weekly earnings increase in 7 of the 13 sectors in year to Q1 2014:
Across the economic sectors average weekly
earnings increased in 7 of the 13 sectors in the year to Q1 2014, with the
largest percentage increase in the Construction sector (+10.2%) from
€639.35 to €704.41. The largest percentage sectoral decrease in weekly earnings
was recorded in the Education sector (-2.7%) from €814.12 to €792.03.
Between Q1 2010 and Q1 2014 average weekly
earnings across individual sectors show changes ranging between -6.3% for the
Education sector from €845.59 to €792.03 and +13.6% for the
Information and communication sector from €915.94 to €1,040.10.
Weekly earnings in the private sector
showed an increase of 0.7% (+€4.36) from €623.65 to €628.01 in the year to Q1
2014 compared with a decrease of 1.8% (-€16.04) in the public sector (including
semi-state sector) from €915.61 to €899.57. See
decrease to €22.08 in year to Q1 2014:
Average hourly earnings fell from €22.20 per hour in Q1 2013 to
€22.08 in Q1 2014, representing a decrease of 0.5% or €0.12. This compares with
a revised decrease of 0.7% in average hourly earnings in Q4 2013 (from €21.80 to
€21.73 per hour).