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Labor Costs: No Clear Trend in CESEE

Published: December 18, 2013; 06:55 · (Vindobona)

In the Baltic countries and in Romania, unit labor costs rose most. In Slovenia and in the Czech Republic, by contrast, unit labor costs were down.

Labor Costs: No Clear Trend in CESEE / Picture: © Flickr

 

After the outbreak of the financial crisis in 2008/09, labor costs developed completely different in the CESEE countries.

In the first nine months of 2013, unit labor costs rose by 1.0% in the EU. The strongest increase was observed in the Baltic states. Estonia (+8.1%) is followed by Lithuania, Latvia and Romania.

According to the data published by Eurostat,…

This article includes a total of 135 words.

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