Labour Costs in Ireland increased to 74.20 Index Points in the fourth quarter of 2018 from 72.10 Index Points in the third quarter of 2018. Labour Costs in Ireland averaged 88.18 Index Points from 1995 until 2018, reaching an all time high of 119.10 Index Points in the fourth quarter of 2008 and a record low of 71.10 Index Points in the second quarter of 1996.

Labour Costs in Ireland is expected to be 82.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Ireland to stand at 88.00 in 12 months time. In the long-term, the Ireland Labour Costs is projected to trend around 92.00 Index Points in 2020, according to our econometric models.

Ireland Labour Costs
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Ireland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.60 17.30 3.90 percent [+]
Employed Persons 2272.20 2265.00 2272.20 1567.70 Thousand [+]
Unemployed Persons 128.80 143.80 356.20 69.90 Thousand [+]
Unemployment Change -4527.00 -2693.00 36254.00 -32270.00 Persons [+]
Part Time Employment 461.40 455.70 499.90 268.40 Thousand [+]
Full Time Employment 1815.00 1795.50 1815.00 1299.00 Thousand [+]
Labor Force Participation Rate 62.20 62.10 66.70 59.80 percent [+]
Long Term Unemployment Rate 2.10 2.00 9.80 1.20 percent [+]
Youth Unemployment Rate 13.40 13.80 31.60 6.30 percent [+]
Labour Costs 74.20 72.10 119.10 71.10 Index Points [+]
Minimum Wages 9.80 9.55 9.80 5.58 EUR/Hour [+]
Wages in Manufacturing 877.30 855.00 893.00 37.03 EUR/Week [+]
Population 4.84 4.78 4.84 2.82 Million [+]
Retirement Age Women 66.00 66.00 66.00 65.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Initial Jobless Claims 34563.00 36359.00 196988.00 20203.00 Persons [+]
Productivity 147.10 145.30 147.10 57.80 Index Points [+]
Wage Growth 4.10 3.50 4.10 -2.90 percent [+]
Wages 761.65 742.75 761.65 676.58 EUR/Week [+]
Average Hourly Earnings 23.46 22.62 23.46 20.52 EUR [+]
Average Weekly Hours 32.50 32.80 32.80 30.90 [+]
Employment Change 0.60 0.40 2.50 -3.70 percent [+]
Employment Rate 69.10 69.10 72.50 59.30 percent [+]


Ireland Labour Costs

This page provides the latest reported value for - Ireland Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Labour Costs - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
74.20 72.10 119.10 71.10 1995 - 2018 Index Points Quarterly
2010=100, NSA




Country Last Previous
Australia 103.60 Dec/18
Brazil 120.65 Feb/19
Canada 107.34 Dec/18
China 104.30 Mar/19
Euro Area 116.60 Dec/18
France 108.50 Dec/18
Germany 115.62 Dec/18
Italy 108.70 Dec/18
Mexico 86.40 Jan/19
Netherlands 108.30 Dec/18
Singapore 117.00 Dec/18
South Africa 154.00 Sep/18
South Korea 109.40 Sep/18
Spain 106.00 Dec/18
Turkey 162.85 Dec/18
United Kingdom 105.60 Dec/18
United States 109.78 Dec/18


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