Wednesday 13 December 2017

Construction, education and health wages fall, others gain

Colm Kelpie

Colm Kelpie

WAGES in construction and non-business related sectors such as education and health fell in the first three months of the year, statistics show.

But on average, pay costs went up in Ireland in the first quarter, according to Eurostat.

The European statistics agency said wages in Ireland increased on average by 0.4pc between January and March.

In the so-called business economy, which includes industry, construction and services, pay jumped 0.9pc.

But those in the non-business economy weren't so lucky. It includes sectors such as public services, education, health, arts and entertainment. They saw wages fall by 0.7pc.

EUROZONE

Wages across the eurozone increased on average by 1.6pc in the first three months of the year, compared with 1.3pc for the last three months of 2012.

Across Europe, the rise was 1.9pc compared with 1.3pc in the final quarter of last year.

Countries with the highest annual increases in labour costs include Romania, up 8.6pc, and Estonia, up 7.5pc, while Slovenia fell 3.8pc, Spain fell 0.7pc, Cyprus slipped 0.5pc and Portugal dropped 0.3pc.

In the euro area, industry enjoyed the biggest gains with a 3.3pc increase, followed by construction which was up 1.8pc, services which jumped 1.3pc and the mainly non-business economy increased 0.9pc.

Irish Independent

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