Soaring wages in Causeway Coast and Glens

Soaring wages in Causeway Coast and Glens
By Peter Winter

Reporter:

By Peter Winter

Email:

peter.winter@thechronicle.uk.com

Wages are rising far faster in Causeway Coast and Glens than anywhere else in Northern Ireland.


According to the latest statistics from the government's Annual Survey of Hours and Earnings, average weekly pay rose by an inflation-busting 12.2 per cent over the year ending April 2018.


That compares to a Province-wide figure of just 4.4 per cent which, in itself, was the highest regional rate in the UK.


Although earnings for the average full-time worker in Causeway Coast and Glens shot up from £385 to £430 the hike wasn't enough to lift the borough off the foot of the low pay league table.


Workers employed in Belfast remain the highest paid, taking home £565 per week, while the Northern Ireland average is £521.


Nevertheless, the remarkable recorded rate of growth in Causeway Coast and Glens is unprecedented in recent years.


Causeway Chamber of Commerce said the figures reflected “strong growth” across a number of sector in the local economy.


A spokesperson said: “The investment coming into the area and the growth of indigenous businesses alongside the increase in wages indicates the demand for key skills, people living, moving and commuting to the region to work across many sectors.


“Our members across a number of sectors have reported strong growth in 2018 and they expect to see this continue in 2019.”


Only one other borough achieved double-digit increases in average wages last year (Lisburn and Castlereagh 10.9 per cent)
The statistics suggest the private sector is the driving force behind average wage growth where average salaries have increased by an astonishing 17 per cent since 2017.


It's believed the booming hospitality and construction sectors are responsible for driving pay up by almost £3000 per year for the average private sector worker.


Causeway Chamber says its focus now is on infrastructure, skills and growth.

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