Wednesday, September 15, 2004
[IWS] EuroStat: Euro-zone labour costs up by 2.2% [15 September 2004]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
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EuroStat: 112/2004 - 15 September 2004
Second quarter 2004 compared to second quarter 2003
Euro-zone labour costs up by 2.2%
EU25 up by 2.8%
http://europa.eu.int/comm/eurostat/Public/datashop/print-product/EN?catalogue=Eurostat&product=3-15092004-EN-AP-EN&mode=download
or
http://europa.eu.int/comm/eurostat/Public/datashop/print-product/EN?catalogue=Eurostat&product=3-15092004-EN-AP-EN&type=pdf
[full-text, 3 pages]
Total hourly labour costs in the whole economy of the euro-zone grew by 2.2% in nominal terms in the second quarter of 2004 compared to the second quarter of 2003, Eurostat, the Statistical Office of the European Communities, reports today. In the first quarter of 2004 the increase was 2.7%. In the EU25 the rise was 2.8% in the second quarter of 2004, compared to 3.7% in the previous quarter.
Among Member States for which data are available in the second quarter of 2004, the smallest annual rises were recorded in Germany (1.2%) and the Netherlands (2.1%), while hourly labour costs fell in Austria (-0.5%). The highest increases were in Latvia (10.4%), Hungary (8.4%), Estonia (5.8%) and Poland (5.3%). See Table 1.
In industry, hourly labour costs rose by 2.6% in the euro-zone and by 3.1% in the EU25. Among Member States for which data are available, annual changes ranged between -0.5% in Austria and +9.6% in Hungary. See Table 2.
AND MUCH MORE...including TABLES
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
EuroStat: 112/2004 - 15 September 2004
Second quarter 2004 compared to second quarter 2003
Euro-zone labour costs up by 2.2%
EU25 up by 2.8%
http://europa.eu.int/comm/eurostat/Public/datashop/print-product/EN?catalogue=Eurostat&product=3-15092004-EN-AP-EN&mode=download
or
http://europa.eu.int/comm/eurostat/Public/datashop/print-product/EN?catalogue=Eurostat&product=3-15092004-EN-AP-EN&type=pdf
[full-text, 3 pages]
Total hourly labour costs in the whole economy of the euro-zone grew by 2.2% in nominal terms in the second quarter of 2004 compared to the second quarter of 2003, Eurostat, the Statistical Office of the European Communities, reports today. In the first quarter of 2004 the increase was 2.7%. In the EU25 the rise was 2.8% in the second quarter of 2004, compared to 3.7% in the previous quarter.
Among Member States for which data are available in the second quarter of 2004, the smallest annual rises were recorded in Germany (1.2%) and the Netherlands (2.1%), while hourly labour costs fell in Austria (-0.5%). The highest increases were in Latvia (10.4%), Hungary (8.4%), Estonia (5.8%) and Poland (5.3%). See Table 1.
In industry, hourly labour costs rose by 2.6% in the euro-zone and by 3.1% in the EU25. Among Member States for which data are available, annual changes ranged between -0.5% in Austria and +9.6% in Hungary. See Table 2.
AND MUCH MORE...including TABLES
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 7:36 AM
