Average weekly earnings rose to a record €880.37 in the first quarter of 2022, an annual increase of 2.3 per cent, new figures show. Photograph: Dara Mac Donaill / The Irish TimesAverage weekly earnings rose to a record €880.37 in the first quarter of 2022, an annual increase of 2.3 per cent, new figures from the Central Statistics Office show. The rise comes amid concern that inflation-fuelled wage demands may trigger a wage-price spiral in the Irish economy.
The average weekly earnings of workers in the worst-hit accommodation and food services sector rose by 2.8 per cent to €400, but this again reflected the earnings of those still employed in the sector after Covid. Their average earnings are 50 per cent below the national average and a third of IT workers’, who had the highest weekly earnings of any sector, up 5.4 per cent on the previous year.The sectors showing the largest percentage decrease in employments were the accommodation and food services sector. Photograph: Frank Miller
The sectors showing the largest percentage decrease in employments were the accommodation and food services sector and the transportation and storage sector .