Austrian Hourly Labor Costs Rise Significantly

Business › Economy ♦ Published: June 14, 2012; 13:07 ♦ (Vindobona)

First quarter 2012 compared with first quarter 2011: Euro area hourly labour costs rose by 2.0%.

Austrian Hourly Labor Costs Rise Significantly / Picture: © Vindobona.org

Hourly labour costs in the euro area1 (EA17) rose by 2.0% in the year up to the first quarter of 2012, compared with 2.8% for the previous quarter2. In the EU271, the annual rise was 1.7% up to the first quarter of 2012, compared with 2.7% for the previous quarter.

The two main components of labour costs are wages & salaries and non-wage costs. In the euro area, wages &…

or Log In

Fast News Search
Related News
Austrian Labor Market: Rise in Employment (June 14, 2012)
Employment Benefits from High Growth Dynamics (June 5, 2012)
Rising Unemployment – Industry Claims More Flexibility (June 1, 2012)
EU Calls on Austria to Accelerate Reforms (June 1, 2012)
Austrian Proposal for EU Growth and Innovation Fund (May 30, 2012)
Read More
EU European Union, Labor Market, Rankings, Statistics
Featured
Vienna International Centre - Live-Ticker Coronavirus Situation: Several New Positive COVID-19 Cases, Total of 93 Cases
List of National Days of the Home Countries of All Foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter