Job Market Monitor
Labour Costs
Hourly Labour Costs in Europe – Rose by 4.2% when the COVID-19 containment measures were widely in force
In the second quarter of 2020, the quarter when the COVID-19 containment measures were widely in force in the European Union, the hourly labour costs rose by 4.2% in the euro area and by 4.1% in the European Union (EU), compared with the same quarter of the previous year. In the first quarter of 2020, … Continue reading
Labour Costs in Europe (Q3 2019) – Annual growth at 3.1% in EU28
Hourly labour costs rose by 2.6% in the euro area (EA19) and by 3.1% in the EU28 in the third quarter of 2019, compared with the same quarter of the previous year. In the second quarter of 2019, hourly labour costs increased by 2.8% and 3.2% respectively. These figures are published by Eurostat, the statistical … Continue reading
Labour Costs in EU (QII, 2019) – Rose by 3.1%
Hourly labour costs rose by 2.7% in the euro area (EA19) and by 3.1% in the EU28 in the second quarter of 2019, compared with the same quarter of the previous year. In the first quarter of 2019, hourly labour costs increased by 2.5% and 2.7% respectively. These figures are published by Eurostat, the statistical … Continue reading
Labour Costs in Europe, QIV2018 – Rose by 2.3% in EA19, 2.8% in EU28
Hourly labour costs rose by 2.3% in the euro area (EA19) and by 2.8% in the EU28 in the fourth quarter of 2018, compared with the same quarter of the previous year. In the third quarter of 2018, hourly labour costs increased by 2.5% and 2.6% respectively. These figures are published by Eurostat, the statistical … Continue reading
Hourly Labour Costs in EU, 2016 – From €4.4 to €42.0, lowest in Bulgaria and Romania, highest in Denmark and Belgium
In 2016, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €25.4 in the European Union (EU) and €29.8 in the euro area. However, this average masks significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (€4.4), Romania (€5.5), Lithuania (€7.3), … Continue reading
Average Hourly Labour Costs in Europe – Bulgaria the lowest and Denmark the highest
In 2015, average hourly labour costs in the whole economy (excluding agriculture and public administration) were estimated to be €25.0 in the European Union (EU) and €29.5 in the euro area. However, this average masks significant gaps between EU Member States, with the lowest hourly labour costs recorded in Bulgaria (€4.1), Romania (€5.0), Lithuania (€6.8), … Continue reading
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