Irish wages fall by 2.5%

Irish payrolls fell an annual 2.5 per cent in the third quarter as the economy struggled to recover from the worst recession in the nation’s modern history.

12th December, 2011

Irish payrolls fell an annual 2.5 per cent in the third quarter as the economy struggled to recover from the worst recession in the nation’s modern history.

The numbers working fell 46,000 to 1.805 million in the third quarter from the same period a year ago, the Central Statistics Office said. The decline compares with a 2 per cent fall in the second quarter.

“This update on the state of the jobs market paints a sobering picture,”...

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