Friday, March 28, 2014

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[IWS] Eurostat: HOURLY LABOUR COSTS [27 March 2014]

IWS Documented News Service

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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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European Commission

Eurostat

 

HOURLY LABOUR COSTS

http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Hourly_labour_costs

 

Data from March 2014. Most recent data: Further Eurostat information, Main tables and Database.

This article provides recent statistics on hourly labour costs in the European Union (EU).

In 2013 average hourly labour costs were estimated at EUR 23.7 in the EU-28 and at EUR 28.4 in the euro area (EA-17). However, this average masks significant differences between EU Member States, with hourly labour costs ranging between EUR 3.7 and EUR 40.1.

When comparing labour cost estimates in euro over time, it should be noted that data for those Member States outside the euro area are influenced by exchange rate movements.

 

 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 

 






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