* Employments among new entrants accounted for 8.0% of the total employments in 2024, down from 8.9% in 2023. More than two in five (40.6%) new entrants were aged 15-24 years.
* Irish nationals accounted for the largest proportion of new entrants in 2024 at 42.5%, followed by Indian (9.0%) and Ukrainian (5.1%) nationals.
* Of the new entrants of Irish nationality, almost two-thirds (64.5%) were aged 15-24 years. Of the nationalities individually listed in this analysis, Irish nationals were the only nationality cohort where the proportion of new entrants aged 15-24 years was larger than that aged 25-64 years.
* The sector with the highest proportion of new entrant employments in 2024 was Accommodation & Food Services, in which 19.4% of all employments were represented by new entrants. This compares with Public Administration & Defence where new entrant employments accounted for 1.8% of all employments in the sector.
* In 2024, median weekly earnings among new entrant employments stood at €428.58, up 6.3% on 2023 (€403.08). This compares with an annual increase in weekly earnings of 4.5% across total employments.
* More than half (55.0%) of the 2023 new entrant cohort were recorded in the same primary employment in 2024, while a further 21.4% were in a different primary employment.
* The annual increase in median weekly earnings (13.2%) tended to be least among those who stayed in their primary employment, rising from €450.75 in 2023 to €510.11 in 2024, while those who changed employment recorded an increase of 40.0%.
6 Kommentare
**Key Findings**
* Employments among new entrants accounted for 8.0% of the total employments in 2024, down from 8.9% in 2023. More than two in five (40.6%) new entrants were aged 15-24 years.
* Irish nationals accounted for the largest proportion of new entrants in 2024 at 42.5%, followed by Indian (9.0%) and Ukrainian (5.1%) nationals.
* Of the new entrants of Irish nationality, almost two-thirds (64.5%) were aged 15-24 years. Of the nationalities individually listed in this analysis, Irish nationals were the only nationality cohort where the proportion of new entrants aged 15-24 years was larger than that aged 25-64 years.
* The sector with the highest proportion of new entrant employments in 2024 was Accommodation & Food Services, in which 19.4% of all employments were represented by new entrants. This compares with Public Administration & Defence where new entrant employments accounted for 1.8% of all employments in the sector.
* In 2024, median weekly earnings among new entrant employments stood at €428.58, up 6.3% on 2023 (€403.08). This compares with an annual increase in weekly earnings of 4.5% across total employments.
* More than half (55.0%) of the 2023 new entrant cohort were recorded in the same primary employment in 2024, while a further 21.4% were in a different primary employment.
* The annual increase in median weekly earnings (13.2%) tended to be least among those who stayed in their primary employment, rising from €450.75 in 2023 to €510.11 in 2024, while those who changed employment recorded an increase of 40.0%.
https://www.cso.ie/en/releasesandpublications/ep/p-enee/earningsofnewentrantstoemployment2024/keyfindings/
Great news.
Imagine what wage growth would be if employers couldn’t import an almost unlimited pool of new cheap labour from abroad.
Almost 6 out of 10 new workers are now foreign nationals.
You want to see the reason why wage growth inflation is not keeping up with house price inflation, here it is.
More supply of workers = lower wages
More demand on housing = higher prices
This means higher inflation is coming….
Basically importing an underclass to do jobs for shit pay. Hooray!
Does not one else find it odd that less than half of new employees in the country are Irish?
Unless I’ve misread it, that seems fairly low.