The CSO released its latest survey on Earnings and Labour Costs on Thursday.
The following summarizes the changes in the main aggregates between Q3 2008 and Q3 2009:
Employment: -8.4% Average weekly earnings: -0.8% Average hourly earnings: +1.8%
Employment: -10.3% Average weekly earnings: -2.7% Average hourly earnings: +0.6%
Employment: -2.2% Average weekly earnings: +1.9% Average hourly earnings: +2.2%
(The earnings figures are gross, and take no account of income taxes or levies.)
Hourly earnings in the private sector peaked in Q1 2009 and declined by 4.7% over the following two quarters. In the public sector, hourly earnings continued to rise until Q2 2009 and declined by 1.1% in the following quarter.