Labour Costs in Ireland increased to 106.54 points in the second quarter of 2026 from 99.96 points in the first quarter of 2026. Labour Costs in Ireland averaged 70.61 points from 1995 until 2026, reaching an all time high of 116.02 points in the third quarter of 2022 and a record low of 37.94 points in the first quarter of 1995. source: European Central Bank

Labour Costs in Ireland is expected to be 116.37 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Labour Costs is projected to trend around 116.89 points in 2027 and 120.40 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Average Hourly Earnings 31.96 32.93 EUR Jun 2026
Average Weekly Hours 32.80 32.30 Hours Jun 2026
Employed Persons 2839.30 2794.50 Thousand Jun 2026
Employment Change 0.30 -0.60 percent Jun 2026
Employment Rate 74.30 73.30 percent Jun 2026
Full Time Employment 2249.60 2233.00 Thousand Jun 2026
Initial Jobless Claims 17567.00 25248.00 Persons Aug 2026
Labor Force Participation Rate 66.00 65.00 percent Jun 2026
Labour Costs 106.54 99.96 points Jun 2026
Long Term Unemployment Rate 1.30 1.40 percent Jun 2026
Minimum Wages 14.15 13.50 EUR/Hour Jan 2026
Part Time Employment 589.60 561.50 Thousand Jun 2026
Population 5.51 5.44 Million Dec 2026
Productivity 137.96 125.83 points Jun 2026
Retirement Age Men 66.00 66.00 Years Dec 2026
Retirement Age Women 66.00 66.00 Years Dec 2026
Unemployed Persons 149.50 148.60 Thousand Sep 2026
Unemployment Change -1200.00 2900.00 Persons Aug 2026
Unemployment Rate 5.00 5.00 percent Sep 2026
Average Weekly Earnings YoY 3.90 3.40 percent Jun 2026
Wages 1046.88 1064.59 EUR/Week Jun 2026
Wages in Manufacturing 1165.43 1247.00 EUR/Week Jun 2026
Youth Unemployment Rate 12.50 12.40 percent Sep 2026


Ireland Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
106.54 99.96 116.02 37.94 1995 - 2026 points Quarterly
2015=100, Constant Prices, NSA