International Ranking in Unit Labour Cost Improved in 2006

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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Year of publication:	2007
Authors:	Guger, Alois ; Leoni, Thomas
Published in:	WIFO Monatsberichte (monthly reports). - Österreichisches Institut für Wirtschaftsforschung (WIFO), ISSN 0029-9898. - Vol. 80.2007, 10, p. 815-824
Publisher:	Österreichisches Institut für Wirtschaftsforschung (WIFO)
Description of contents:	Abstract [wifo.ac.at]
Keywords:	Lohnstückkosten Arbeitskosten Österreich Internationaler Vergleich Sachgüterproduktion

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004976389