Average hourly earnings increased by over 5% between the fourth quarter of 2019 and the fourth quarter of 2020.
A new report published by the Central Statistics Office (CSO) shows that workers’ average earnings rose slightly between the fourth quarter of 2019 and the fourth quarter of 2020.
During the time period, average hourly earnings increased by 5.5%, rising from €24.23 to €25.56.
Commenting on the figures, CSO Senior Statistician Kevin McCormack said: “When considering earnings data, it should be noted that there may be a compositional effect due to the significant changes in employment in certain sectors.
“The composition of the labour market is very different since the Covid-19 pandemic began.”
The figures were published by the CSO as part of a report titled ‘Ireland’s UN SDGs – Goal 8 Decent Work and Economic Growth 2021’.
The report is the eighth in a series of CSO publications that monitor how Ireland is progressing towards meeting its targets under the 17 UN Sustainable Development Goals (SDGs).
The 17 UN SDGs are a set of global development targets adopted by the United Nations member countries in September 2015 to achieve a better and more sustainable future for all and address global challenges including poverty, inequality, climate change, environmental degradation, peace and justice.
Other new CSO figures reveal that the standard measure of seasonally adjusted monthly unemployment for all people aged 15 to 74 was 5.8% in April 2021, though this does not include claimants of the Pandemic Unemployment Payment (PUP).
For those aged 15 to 24, the standard measure of seasonally adjusted monthly unemployment in April 2021 was 15.9%.
The lowest Gross Domestic Product (GDP) per capita in 2019, meanwhile, was in the Midlands region at €24,171 while the highest was in Dublin at €106,280.
GDP is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period, while GDP per capita is a measurement of the GDP per person in a country’s population.
There were also 47 fatal injuries in the workplace in 2019 and 9,335 non-fatal injuries.
For more information, visit the CSO’s website here.
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