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Assessing the impact of the minimum wage in Ireland / Paul Redmond and Seamus McGuinness

Redmond, Paul ; McGuinness, Séamus, 1970-, co-autor

IFO DICE Report . ISSN2511-7823 . Munich : IFO Institut, Vol. 16, no 4 (2018) , p. 23-26

A national minimum wage was first introduced in Ireland in 2000, at a rate of 5.58 euros per hour. There were several increases in subsequent years, bringing the minimum wage up to 8.65 euros per hour by 2007. The period from 2008 onwards in Ireland was characterised by a prolonged economic downturn, during which time national income declined and unemployment increased dramatically, peaking at just under 15% in 2012. There were no increases in the minimum wage during this time and, in 2015, the minimum wage still remained at its 2007 level of 8.65 euros per hour. However, in 2015, against the backdrop of an economic recovery, the Irish Low Pay Commission (LPC) was established and tasked with providing yearly recommendations to the Irish government regarding changes to the minimum wage. Following recommendations in 2015, the minimum wage was increased to 9.15 euros per hour in January 2016, its first increase in nine years... [Da introd.]

política do emprego; mercado do trabalho; salário mínimo; Irlanda; poder de compra

44 EMPREGO E TRABALHO

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