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International Ranking in Unit Labour Cost Improved in 2006

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Author Info
Alois Guger (WIFO)
Thomas Leoni (WIFO)

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Abstract

In 2006, an hour of work in the Austrian manufacturing sector cost 29.15 €, or 8.8 percent more than the average in the other EU-15 countries ("EU 14"). This amount was made up of 15.45 € in pay and 13.70 € in incidental wage costs. The latter thus contributed 88.7 percent to the total, or ½ percentage point less than in the previous year, due t4o a drop in severance payments and failure periods.

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Publisher Info
Article provided by WIFO in its journal WIFO-Monatsberichte.

Volume (Year): 80 (2007)
Issue (Month): 10 (October)
Pages: 815-824
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Handle: RePEc:wfo:monber:y:2007:i:10:p:815-824

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Related research
Keywords: Lohnstückkosten Arbeitskosten Österreich Internationaler Vergleich Sachgüterproduktion;

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This page was last updated on 2009-12-8.

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