Average of 1.1% drop in weekly earnings

Updated: 15:55, Tuesday, 22 December 2009

Average weekly earnings fell by 1.1% from the second quarter of 2008 to the second quarter of 2009, according to the CSO.

1 of 1Earnings - CSO figures compare earnings in the workforce
Earnings - CSO figures compare earnings in the workforce

Average weekly earnings fell by 1.1% from the second quarter of 2008 to the second quarter of 2009, according to new figures from the Central Statistics Office which compare earnings in the workforce.

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The private sector experienced a 3.1% decrease in earnings, due in part to the higher number of job losses in the private sector, while earnings in the public sector rose by 1.3%, not including the pension levy.

The financial and real estate sector saw a 13.3% fall in earnings, while education saw a 1% rise.

The Earnings Hours and Employment cost survey also shows that employment fell by 6.2% from Q2 of 2008 to Q2 of 2009.

Employment fell by nearly 20% in construction.

Labour costs meanwhile increased across all sectors by 2.4%.

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