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The image contains a horizontal bar graph with years labeled on the vertical y-axis in increments of 10 years from 1971 to 2021 and numerical values on the horizontal x-axis in increments of 4000 up to 16000. There are 6 bars representing data for each year, with the following approximate values: 1971 bar extends to about 1000, 1981 bar extends to about 2000, 1991 bar extends to about 4000, 2001 bar extends to about 6000, 2011 bar extends to about 12000, and 2021 bar extends just short of 16000. There is no title, context, or data labels provided.
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The bar chart displays the average salary in the Republic of Ireland over five different years, with the currency in United States dollars.
Overall, it is clear that earnings increased during each period, except for 2008, when they decreased slightly. Moreover, in 2018, salaries were the highest.
Average earnings in 1968 were the lowest at just under $8,000, and they then increased to approximately $10,000 in 1978. This upward trend continued in 1988, with average wages reaching $13,000. Ten years later, in 1998, the average salary peaked at the highest recorded value for the 20th century, about $15,000.
By contrast, in 2008, wages decreased by around $1,000 from the peak of 1998. Nevertheless, ten years later, the increasing trend returned, reaching a new peak in 2018. Thus, the average salaries exceeded $20,000 in 2018.
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