The bar graph above shows average earnings in the Republic of Ireland in 5 different years, with projections for the future. Earnings are in US dollars ($). Summarise the information by selecting and reporting the main features, and make comparisons where relevant.

The bar chart displays the average salary in the Republic of Ireland in 5 different years with an estimated value for 2018. The unit of currency is in United States dollars.

Overall

, it can be clearly seen that wages consistently increased in every recorded time period, except

2008

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in 2008

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, when they decreased slightly. Salaries are expected to increase significantly in the future. Average earnings in 1968 stood at their lowest recorded levels at just under $8,000 and they

then

increased a decade later to around $10,000 in 1978.

This

trend continued in 1988 with the average income climbing to

approximately$13,000

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approximately $ 13,000

. 10 years later, in 1998, it

further

improved to its highest recorded value of about $15,000. The only notable exception to

this

expansion in levels of pay was 2008 when wages decreased by around $1,000 from the peak of 1998.

However

,

this

trend is not expected to continue in the future with projections of over $20,000 forecast for 2018.