Annual wages down €700 in just three months

Average annual earnings have fallen by almost €700 in only the last three months in spite of people working longer hours.

Annual wages down €700 in just three months

The latest figures from the CSO show that between the second and third quarters of this year average weekly earnings fell from €684.97 to €671.70. That meant a €690 decrease in average annual earnings to €34,928.

The fall is in spite of an, albeit small, increase in the average hours worked, from 31.8 to 31.9.

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