Labour Costs in Ireland decreased to 72.10 Index Points in the third quarter of 2018 from 78.40 Index Points in the second quarter of 2018. Labour Costs in Ireland averaged 88.33 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 85.00 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 77.00 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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Forecast Data Chart
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Ireland Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.30 5.40 17.30 3.90 percent [+]
Employed Persons 2265.00 2256.50 2265.00 1567.70 Thousand [+]
Unemployed Persons 143.80 144.30 356.20 69.90 Thousand [+]
Unemployment Change -2986.00 -6483.00 36254.00 -32270.00 Persons [+]
Part Time Employment 455.70 456.80 499.90 268.40 Thousand [+]
Full Time Employment 1795.50 1805.30 1814.80 1299.00 Thousand [+]
Labor Force Participation Rate 62.10 62.20 66.70 59.80 percent [+]
Long Term Unemployment Rate 2.00 2.10 9.80 1.20 percent [+]
Youth Unemployment Rate 12.30 12.90 31.60 6.20 percent [+]
Labour Costs 72.10 78.40 119.10 71.10 Index Points [+]
Minimum Wages 1613.95 1613.95 1613.95 944.71 EUR/Month [+]
Wages in Manufacturing 853.51 866.14 889.94 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 32659.00 31965.00 196988.00 20203.00 Persons [+]
Productivity 144.70 134.40 146.00 57.80 Index Points [+]
Wages 740.32 744.08 744.08 676.71 EUR/Week [+]
Average Hourly Earnings 22.62 22.89 23.42 20.52 EUR [+]
Employment Change 0.70 0.70 2.50 -3.70 percent [+]
Employment Rate 69.10 68.50 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
72.10 78.40 119.10 71.10 1995 - 2018 Index Points Quarterly
2010=100, NSA




Country Last Previous
Australia 102.20 Sep/18
Brazil 119.16 Oct/18
Canada 105.63 Sep/18
China 104.80 Sep/18
Euro Area 106.40 Sep/18
France 108.20 Sep/18
Germany 115.29 Sep/18
Italy 107.00 Jun/18
Mexico 82.30 Sep/18
Netherlands 115.30 Jun/18
Singapore 108.30 Sep/18
South Africa 150.90 Jun/18
South Korea 96.50 Jun/18
Spain 102.40 Jun/18
Turkey 166.66 Sep/18
United Kingdom 103.90 Jun/18
United States 109.05 Sep/18


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