Public Policy Bulletin, 30 August 2019

Aug 30, 2019

In this week’s bulletin, read about the latest Northern Ireland coastal project funding set to boost local economy. Also, wage pressure in the Irish economy has begun to emerge as it accelerates at its fastest pace in a decade.

 

Northern Ireland coastal project given more than £800,000 funding

Nine projects across Northern Ireland are set to benefit from a coastal communities funding of more than £800,000 from income generated by marine assets. The Department of Agriculture, Environment and Rural Affairs said the initiative will help boost employment via an environmental apprenticeship scheme, and restore tourist attractions and business units.

Wage growth in Ireland increases at fastest pace in a decade

According to the Central Statistics Office’s latest earnings data, the average weekly salaries in Ireland have risen from €771.12 in the second quarter of 2019, up from €745.09 a year earlier, representing an annual growth rate of 3.5 per cent. Earnings have increased in 12 out of 13 sectors of the economy examined, with the pace of increase in pay in the private sector outpacing the public sector.

  

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