Average annual hours per person: 1,469
Average working hours per week: 28.3
Average wage per hour: $45.53 (3rd highest)
2011 unemployment rate: 14.6%
Suffering from the third-highest unemployment rate of the OECD countries studied, workers in Ireland who are able to keep their jobs have experienced a 5% reduction in their average annual working hours since 2007. Still, Irish workers’ wages averaged $45.53 per hour, more than double the average wage in Spain. The minimum wage in Ireland is high — as of 2010, it was $10.67. To compare, the U.S. federal minimum wage is $7.25. Economists and politicians in Ireland argue the high minimum wage is a barrier to job creation.
(iStock Photo) More From 24/7 Wall St.
: 10 Countries Where Young People Can’t Find a Job The Most Dangerous Cities in America Countries Where Women Don’t Feel Safe The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.