Wage flexibility and the great recession: the response of the Irish labour market

IZA Journal of European Labor Studies

Table 6 Annual earnings dynamics, EU-SILC and Job Churn Data, all job stayers

Year	Nominal Annual Earnings EU-SILC					Nominal Annual Earnings Job Churn (Taken from Table 1)
Year	N	Median change	% Freezes	% Cuts	% Rises	Median change	% Freezes	% Cuts	% Rises
2005–2006	1518	0.06	2.6	27.6	69.8	0.06	2.5	17.2	80.4
2006–2007	1387	0.062	2.9	24.4	73.1	0.061	2.5	17.6	79.9
2007–2008	1343	0.043	3.6	29.7	66.7	0.045	2.8	22.9	74.2
2008–2009	1170	0.044	0.90	35.6	63.4	−0.006	3.3	52.7	44.0
2009–2010	1129	−0.011	1.50	52.08	46.4	−0.011	4.4	55.2	40.3
2010–2011	794	0.007	5.90	40.8	53.3	0.006	6.8	39.3	53.9