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[IWS] Eurostat: LABOUR COSTS IN THE EU28: Hourly labour costs ranged from €3.7 to €40.1 across the EU28 Member States in 2013 [27 March 2014]

IWS Documented News Service

_______________________________

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

 

Press Release 27 March 2014

LABOUR COSTS IN THE EU28: Hourly labour costs ranged from €3.7 to €40.1 across the EU28 Member States in 2013

http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/3-27032014-AP/EN/3-27032014-AP-EN.PDF

[full-text, 4 pages]

 

In 2013, average hourly labour costs1 in the whole economy2 (excluding agriculture and public administration) were estimated to be €23.7 in the EU28

and €28.4 in the euro area3 (EA17). However, this average masks significant differences between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (€3.7), Romania

(€4.6), Lithuania (€6.2) and Latvia (€6.3), and the highest in Sweden (€40.1), Denmark (€38.4), Belgium (€38.0), Luxembourg (€35.7) and France (€34.3).

 

Within the business economy, labour costs per hour were highest in industry (€24.6 in the EU28 and €31.0 in the euro area), followed by services (€23.9 and €28.0 respectively) and construction (€21.0 and €24.5). In the mainly

non-business economy (excluding public administration), labour costs per hour were €23.2 in the EU28 and €27.7 in the euro area.

 

Labour costs are made up of wages & salaries and non-wage costs such as employers' social contributions. The share of non-wage costs in the whole economy was 23.7% in the EU28 and 25.9% in the euro area, varying

between 8.0% in Malta and 33.3% in Sweden.

AND MORE...including CHARTS and TABLES....

 

 

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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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