Sponsored
Article Tools

EU: Austrian Labor Costs Rose Decently

Published: April 5, 2012; 19:48 · (Vindobona)

Since 2000, Austrian labor costs rose by 40%. Among the 27 member states, Austria ranks 22th.

EU: Austrian Labor Costs Rose Decently / Picture: © Flickr

Among the EU and Eurozone countries, the highest growth in salaries and wages was observed in Slovakia. Wages and salaries went up by 188% since 2000. Germany recorded the lowest growth rate (+18%). Outside the Eurozone, it was the UK (+8%).

In Austria, average salaries and wages were up by 40%. Among the Eurozone members, Austria ranks 14th. The EU-average was a rise…

This article includes a total of 119 words.

or Log In