Share

Posts in the "Income" category

The Recession and Child Poverty

Posted on March 12, 2014 by Micheál Collins

The proportion of the Republic of Ireland’s children living in households whose income is below the 60% of median income poverty line has experienced limited change over the past few years. While the years 2006-08 recorded a decrease from 22.3% to 18.0%, by 2011 (the latest data available from the CSO) almost 1 in every 5 children (18.8%) lived in a household experiencing relative income poverty.

Over the period 2006-2008 the proportion of children living in households experiencing both relative income poverty and deprivation (consistent poverty) decreased from 10.3% to 6.3%. However, since then the impact of the recession has seen consistent poverty numbers increase. By 2011 9.3% of the ROI’s children experienced consistent poverty.

Read the full entry »

Permanent link | Categories: IncomeInequality

A Living Wage for Ireland: Some Considerations and Initial Estimates

Posted on March 05, 2014 by Micheál Collins

Publication cover - NERI WP A Liv Wage for Irl 2014 no12 - Cover image for NERI WP A Liv Wage for Irl 2014 no12
Cover image for NERI WP A Liv Wage for Irl 2014 no12

Over the past decade the concept of a living wage has gained added attention across the developed world. In principle, a living wage is intended to establish an hourly wage rate that should provide employees with sufficient income to achieve an agreed acceptable minimum standard of living. In that sense it is an income floor; representing a figure that allows employees afford the essentials of life.

Read the full entry »

Permanent link | Categories: IncomeInequalityJobsLiving wageWages

Keeping an eye on earnings and prices

Posted on February 21, 2014 by Micheál Collins

The past six years have been very challenging with a succession of harsh budgets, pay cuts, tax increases and price hikes faced by all households. For those impacted most, unemployment and emigration have hit home. For others, the challenge to make ends meet has grown harder and harder.

Read the full entry »

Permanent link | Categories: IncomeMacroeconomicsWages

Under-employment remains a major issue

Posted on February 18, 2014 by Rory O'Farrell

under-employment - under-employment
under-employment

Under-employment  continues to be a major long-term issue for Irish workers. The broadest measure of unemployment (whereby people are either unemployed, or working part-time but wishing to work full-time, or discouraged workers) remains at 23.5%, down from a peak of 25.8% in mid-2012. In the third quarter of 2013; 139,300 workers were under-employed.

Read the full entry »

Permanent link | Categories: IncomeJobs

Comparing Wealth in Ireland and the EU

Posted on February 10, 2014 by Micheál Collins

Wealth EU data Feb 2014

Indicator 4.4 from the NERI’s latest Quarterly Economics Facts (QEF) document examines wealth across Europe using a measure of average net financial wealth per person. This measure, calculated using the latest data from Eurostat, captures assets such as cash, bank deposits and shares but does not include non-financial wealth such as property. The data is for 2012 – the latest year where comparable EU wide data is available.

Read the full entry »

Permanent link | Categories: IncomeInequalityMacroeconomics

Household Income Distribution in the Republic of Ireland

Posted on February 04, 2014 by Micheál Collins

Publication cover - NERI Research inBrief Income Dist Feb 2014 - Cover image for NERI Research inBrief Income Dist Feb 2014
Cover image for NERI Research inBrief Income Dist Feb 2014

Understanding the nature, shape and composition of the income distribution is an important component of our understanding of society and the appropriateness of various policy options. In the context of considerations of policy changes (to taxes, welfare payments or public services) or changes to earnings levels (both high incomes and low incomes) it is useful to ground considerations in an understanding of the incomes experienced in society.

In the latest NERI Research inBrief, published today, I examine the Republic of Ireland’s household income distribution looking at both gross income and disposable income. The analysis is based on the latest data available from the CSO.

 On Gross Income:

Read the full entry »

Permanent link | Categories: IncomeInequality

Earnings in the Republic of Ireland – the four quarters

Posted on January 13, 2014 by Micheál Collins

Recent publications from the NERI have contributed towards a more detailed understanding of the nature of the Republic of Ireland’s income and earnings distribution – a key context for the formation of public policy. See here and here and here.

Dealing only with taxable income, data from the Revenue Commissioners latest Statistical Report (for the tax year 2010) offers a useful insight into the distribution of earnings. The data details the distribution of tax cases (individuals or couples who are jointly assessed) by total gross income for that tax year. We highlight this data in the latest edition of the NERI's Quarterly Economic Facts, indicator 4.6a (p69-70).

Simplifying the data, we can divide the Republic of Ireland’s annual earnings distribution into four quarters:

Read the full entry »

Permanent link | Categories: IncomeInequalityWages

What have a night-club dancer and an economist got in common? – CSO data and average earnings

Posted on December 12, 2013 by Rory O'Farrell

The timeliest source of data on wages for PAYE workers in the Republic of Ireland comes from the “Earnings Hours and Employment Costs Survey” (EHECS). This is a very extensive survey and survey responses cover roughly 70% of employees. In comparison, surveys such as the National Employment Survey or Quarterly National Household Survey usually cover less than 5% of the population.

Read the full entry »

Permanent link | Categories: IncomeJobsLabour costs

Average Incomes – falling back to 2005 levels

Posted on November 18, 2013 by Micheál Collins

Income levels, whether for individuals or households, are far from perfect measures of progress and well-being. However, they offer one insight into the experience of recent years for households across the Republic. In particular, trends in disposable income (income after taxes and welfare payments) provide some understanding of what households have left in their pockets to spend each week/month or across the year.

The skewed nature of Ireland’s income distribution was highlighted in a recent NERI Research inBrief which I published in August. It is available here.

Read the full entry »

Permanent link | Categories: IncomeInequality

Low Pay & Low Income: some insights on ‘The Working Poor’

Posted on October 22, 2013 by Micheál Collins

Earlier this year Eurostat, the EU Statistics Agency, released data on the number of low-paid workers in Ireland and across the EU. Their analysis defines low-earnings in relative terms measured as those earning two thirds or less of the national median gross hourly earnings. Median earnings are the earnings of the middle worker in the distribution of workers from the lowest earner to the highest earner. The data is from the 2010 Structure of Earnings Survey, a survey that occurs every four years across the EU.

Read the full entry »

Permanent link | Categories: IncomeInequalityJobs

(100 blog posts)

Digital Revolutionaries