Average hourly earnings across the economy rose by 5.5 per cent to €27.72, the CSO data indicate. The agency also noted that, in the five years to the fourth quarter of 2022, average weekly earnings have risen by 23 per cent.
Workers in the accommodation and food services sector were the worst paid, with average weekly earnings of €408.63, but the sector includes many part-time staff. The average hourly rate of other labour costs increased by 38.4 per cent across all economic sectors to €4.54 from €3.28 in the final quarter of last year. A significant factor in this growth was the ending of the Government’s Employment Wage Subsidy Scheme in May, the CSO noted.
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