Wages in Ireland increased 4.20 percent in December of 2022 over the same month in the previous year. source: Central Statistics Office Ireland

Wage Growth in Ireland averaged 1.60 percent from 2009 until 2022, reaching an all time high of 7.70 percent in the fourth quarter of 2020 and a record low of -2.90 percent in the first quarter of 2010. This page provides - Ireland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Average Weekly Earnings YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Wage Growth in Ireland is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Average Weekly Earnings YoY is projected to trend around 1.70 percent in 2024 and 1.90 percent in 2025, according to our econometric models.

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Ireland Average Weekly Earnings YoY

Calendar GMT Actual Previous Consensus TEForecast
2022-12-01 11:00 AM Q3 3.2% 2.4% 2.3%
2023-03-01 11:00 AM Q4 4.2% 3.2% 3.8%
2023-06-01 10:00 AM Q1 3.4%

Related Last Previous Unit Reference
Unemployment Rate 4.30 4.40 percent Feb 2023
Employed Persons 2568.40 2551.90 Thousand Dec 2022
Unemployed Persons 112.00 119.10 Thousand Dec 2022
Unemployment Change -1335.00 94.00 Persons Feb 2023
Full Time Employment 2022.70 2003.40 Thousand Dec 2022
Part Time Employment 550.30 536.90 Thousand Dec 2022
Labor Force Participation Rate 64.50 64.70 percent Dec 2022
Youth Unemployment Rate 10.20 10.30 percent Feb 2023
Wages in Manufacturing 982.94 946.30 EUR/Week Dec 2022
Initial Jobless Claims 37796.00 38537.00 Persons Feb 2023
Average Weekly Hours 32.50 33.00 Hours Dec 2022
Average Hourly Earnings 27.72 26.17 EUR Dec 2022
Wages 900.26 864.32 EUR/Week Dec 2022
Wage Growth 4.20 3.20 percent Dec 2022
Employment Rate 73.20 73.20 percent Dec 2022

Ireland Average Weekly Earnings YoY
In Ireland, Average Weekly Earnings YoY measures the year-on-year change of Average Weekly Earnings, which correspond to the total earnings for the quarter divided by the average number of persons employed during the same period divided by 13 (number of weeks in a quarter).
Actual Previous Highest Lowest Dates Unit Frequency
4.20 3.20 7.70 -2.90 2009 - 2022 percent Quarterly

News Stream
Irish Average Weekly Earnings Growth Picks Up in Q3
Average weekly earnings in Ireland rose 3.2 percent year-on-year to EUR 864.32 in the third quarter of 2022, picking up from a 2.4 percent advance in the previous period. Earnings rose by 4.5 percent in the private sector, well above the 0.6 percent increase in the public sector. The largest annual percentage increases in average weekly earnings in the third quarter were observed in the information & communication sector (10.8% to EUR1,480.25) and the transportation & storage sector (8.6% to EUR 845.25).
Irish Average Weekly Earnings Grow in Q1
Average weekly earnings in Ireland rose 2.3 percent year-on-year to EUR 880.37 in the first quarter of 2022, picking up from a 2 percent advance in the previous period. Earnings rose by 4.1 percent in the private sector, more than offsetting a 1.7 percent decline in the public sector. Among different industries, the largest increases were seen in professional, scientific, and technical activities (9 percent to EUR 1,097.03), information and communication (5.4 percent to EUR 1,506.04), and construction (9 percent to EUR 881.29). On the other hand, lower wages were seen for public administration and defense (-0.1 percent to EUR 1,005.69). It should be noted that there may be a compositional effect due to the significant changes in employment in certain sectors. The change in average weekly earnings may be impacted to some degree by those employments that have left or joined a sector having lower/higher average earnings than those employments that remained in the sector in both quarters.