Unit labour costs

Organisation for Economic Co-operation and Development

Unit labour costs are often viewed as a broad measure of (international) price competitiveness. They are defined as the average cost of labour per unit of output produced. They can be expressed as the ratio of total labour compensation per hour worked to output per hour worked (labour productivity). This indicator is measured in percentage changes and indices.

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Year of publication:	20XX
Institutions:	OECD (issuing body)
Publisher:	Paris : OECD Publishing.
Subject:	Lohnstückkosten \| Unit labour cost \| Arbeitskosten \| Labour costs \| Arbeitsproduktivität \| Labour productivity \| Industrie \| Manufacturing industries \| Internationaler Wettbewerb \| International competition

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Extent:	1 Online-Ressource
Series:	Productivity
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.1787/37d9d925-en [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013525885