Figures reveal average weekly earnings in Ireland in second quarter of 2020 were €819.13 | JOE.ie

  • 📰 JOEdotie
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Average hourly earnings increased by nearly €2 to over €25 in the second quarter of the year

Figures revealed that average weekly earnings in the second quarter of 2020 were €819.13, following an increase of 2.9% between the first and second quarter of this year.the report published on TuesdayAverage earnings as reported by the CSO are calculated from gross pre-tax wages and salaries figures.

The figures showed that employees working in IT continue to take home the biggest salaries, while those in the hospitality sector get paid the least. Overall, largely due to the Temporary Wage Subsidy Scheme , average hourly other labour costs decreased by 36% to €2.44 in the second quarter of this year from €3.81 in the same period in 2019.

"The composition of the labour market in Q2 2020 is very different to the composition of the labour market in previous quarters, including Q2 2019, against which the annual changes are measured, with significantly fewer employments in certain sectors in Q2 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines