Friday, March 28, 2014
Tweet[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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