Unit labour costs

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Description:

Unit labour cost is defined as the ratio between the compensation per employee and the GDP or gross value added per employment. It is measured as the percentage change on the previous year.

Source:

Eurostat, OECD.

Definitions and terms:

Unit Labour Costs.

Index:

Belgium, Germany, Ireland, Greece, Spain, France, Italy, Luxembourg, Netherlands, Austria, Portugal, Slovenia, Finland, Euro area, EA-15, Denmark, Sweden, United Kingdom, Bulgaria, Czech Republic, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Romania, Slovakia, EU, EU-27, Norway, Switzerland, U.S.A., Japan, Eurostat, OECD, unit labour costs.